Equilibrium reserve prices in sequential ascending auctions.
Bernard CaillaudClaudio MezzettiPublished in: J. Econ. Theory (2004)
Keyphrases
- bidding strategies
- market equilibrium
- resource allocation
- auction mechanisms
- electricity markets
- market participants
- optimal pricing
- online auctions
- budget constraints
- combinatorial auctions
- sealed bid
- market conditions
- multi unit
- game theory
- test bed
- demand uncertainty
- market clearing
- multi robot task allocation
- group buying
- mechanism design
- empirical data
- nash equilibrium
- double auction
- expected utility
- demand function
- trading agents
- sponsored search auctions
- yield management
- information revelation