Andersson, Tommy; Erlanson, Albin - In: Games and Economic Behavior 81 (2013) C, pp. 116-129
Assuming that bidders wish to acquire at most one item, this paper defines a polynomial time multi-item auction that locates the VCG prices in a finite number of iterations for any given starting prices. This auction is called the Vickrey–English–Dutch auction and it contains the...