Multi-unit demand auctions with synergies: behavior in sealed-bid versus ascending-bid uniform-price auctions.
John H. KagelDan LevinPublished in: Games Econ. Behav. (2005)
Keyphrases
- multi unit
- bidding strategies
- auction protocol
- sealed bid
- budget constraints
- combinatorial auctions
- electricity markets
- auction mechanisms
- sealed bid auctions
- reverse auction
- resource allocation
- quasi linear
- online auctions
- winner determination
- test bed
- single item
- social welfare
- group buying
- probability distribution
- mechanism design
- genetic algorithm
- empirical data
- strategy proof
- multi attribute
- linear programming
- computational complexity