Heterogeneous bids in auctions with rational and boundedly rational bidders: theory and experiment.

Oliver Kirchkamp J. Philipp Reiß

Published in: Int. J. Game Theory (2019)

Keyphrases

combinatorial auctions
bidding strategies
online auctions
multi unit
sealed bid
auction mechanisms

sealed bid auctions
resource allocation
winner determination
mechanism design
auction protocol
approximation algorithms

theoretical framework
bounded rationality
test bed
special case
budget constraints

reverse auction
incentive compatible
false name bids
genetic algorithm
neural network