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We explore the performance of multi-round, price-guided combinatorial auctions for a previously untested class
of auction profiles; one with synergies resulting from shared fixed costs. These new pr...
Ascending Prices and Package Bidding:Further Experimental Analysis
Package auctions SAA auctions CCA auctions threshold problem
2015/7/21
We explore the performance of multi-round, price-guided combinatorial auctions for a previously untested class of auction profiles; one with synergies resulting from shared fixed costs. These newprof...
Ascending Prices and Package Bidding:A Theoretical and Experimental Analysis
Ascending Prices Package Bidding Theoretical Experimental Analysis
2015/7/21
We use theory and experiment to explore the performance of multi-round, price-guided, combinatorial auctions. We define efficiency-relevant and core-relevant packages and show that if bidders bid aggr...
Core-selecting package auctions
Core Stable matching Marriage problem Auctions Core-selecting auctions Menu auctions Proxy auctions Package bidding Combinatorial bidding Incentives Truncation strategies
2015/7/21
Auctions that select core allocations with respect to reported values generate competitive levels of sales revenues at equilibrium and limit bidder incentives to use shills. Among core-selecting aucti...
Package Auctions and Package Exchanges
Combinatorial bidding package auction stable match core
2015/7/21
We report recent advances concerning the package allocation problem, in which traders seek to buy or sell combinations of goods. The problems are most difficult when some goods are not substitutes. In...
The Vickrey and ascending package auctions are found to have identical equilibrium performance in the case where goods are substitutes. In the remaining cases, the Vickrey auction retains its incentiv...
A family of ascending package auction models is introduced in which bidders may determine their own packages on which to bid. In the proxy auction (revelation game) versions, the outcome is a point in...
