Plott, Charles R.; Lee, Hsing-Yang; Maron, Travis - In: American Economic Review 104 (2014) 5, pp. 452-56
The paper reports the architecture of a continuous combinatorial auction. Preferences are based on sets of items and feasibility requires the nonintersection of sets. Countdown clocks replace eligibility and activity requirements typical of rounds-based auctions. Bids remain in the system to be...