DeMartini, Christine; Kwasnica, Anthony M.; Ledyard, John O. - California Institute of Technology, Division of the … - 1998
In this paper we present a new improved design for multi-object auctions and report on the results of tests of that design. We merge the better features of two extant but very different auction processes, the Milgrom FCC design (see Milgrom (1995)) and the Adaptive User Selection Mechanism...