Arbeitspapier
The Multi-item Bisection Auction
This paper proposes an iterative sealed-bid auction for selling multiple heterogeneous items with unit-demand agents. It generalizes the single item bisection auction (Grigorieva Et. al, 2007) to the environment with multiple heterogeneous items. We show that it elicits a minimal amount of information on preferences required to find the Vickrey-Clark-Groves outcome (Clarke, 1971, Groves, 1973, Vickrey, 1961), when there are two items for sale and an arbitrary number of agents.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper ; No. 2011:31
- Klassifikation
-
Wirtschaft
Noncooperative Games
Auctions
- Thema
-
Bisection Auction
Multi-item
Unit-demand
Sealed-bid
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Erlanson, Albin
- Ereignis
-
Veröffentlichung
- (wer)
-
Lund University, School of Economics and Management, Department of Economics
- (wo)
-
Lund
- (wann)
-
2011
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Erlanson, Albin
- Lund University, School of Economics and Management, Department of Economics
Entstanden
- 2011
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