and rule-based auction procurement procedures. We show that adopting a two stage approach in which bureaucrats first …

-linear demand curves with quantities as flows (shares/second). Batch auctions clear all asset markets jointly in discrete time …

A buyer with downward slopping demand faces a number of unit supply sellers. The paper characterizes optimal auctions …

We study the use of financial contracts as bid-coordinating device in multi-unit uniform price auctions. Coordination …

a deficit as it requires too much compensation for referrals. Alternatively as a budget-surplus mechanism, we introduce …

This paper studies multi-attribute auctions in which a buyer seeks to procure a complex good and evaluate offers using … kinds of results. First, we characterize the set of equilibria in quasi-linear scoring auctions with multi-dimensional types …. In particular, we show that there exists a mapping between the class of equilibria in these scoring auctions and those in …

When procurement contracts are incomplete, they are frequently changed after the contract is awarded to the lowest …