A principal-agent model of bidding firms in multi-unit auctions.
Martin BichlerPer PaulsenPublished in: Games Econ. Behav. (2018)
Keyphrases
- multi unit
- budget constraints
- moral hazard
- combinatorial auctions
- principal agent model
- mechanism design
- bidding strategies
- auction protocol
- quasi linear
- sealed bid auctions
- resource allocation
- auction mechanisms
- erp systems
- competitive advantage
- information systems
- incomplete information
- approximation algorithms
- upper bound
- lower bound
- vickrey clarke groves
- cooperative