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In this paper we present a new improved design for multiobject auctions and report on the results of experimental tests …
Persistent link: https://www.econbiz.de/10009208848
We investigate the effect of regret-related feedback information on bidding behavior in sealed-bid first-price auctions …
Persistent link: https://www.econbiz.de/10009218307
The majority of reverse auctions for procurement use a single-attribute (price) format while providing constraints on …
Persistent link: https://www.econbiz.de/10009204216
process. Our results also suggest that market share restrictions and running sequential auctions seem to promote competition …
Persistent link: https://www.econbiz.de/10010990480
Motivated by the increasing use of auctions by government agencies, we consider the problem of fairly pricing public … combinatorial auctions resulting in efficient outcomes and bidder-Pareto-optimal core payments offer a viable practical alternative …
Persistent link: https://www.econbiz.de/10009209283
When combinatorial bidding is permitted in auctions, such as the proposed FCC Auction #31, the resulting full … combinatorial auctions," in Mathematics of the Internet: E-Auction and Markets. The IMA Volumes in Mathematics and Its Applications … problems. Because there are no real-life test problems for combinatorial spectrum auctions with the XOR-of-OR language, we used …
Persistent link: https://www.econbiz.de/10009214645
the results of four studies designed to determine if information dissemination in competitive auctions can reduce, or even … to uninformed traders in one-sided combinatorial auctions, as well as positive transfer effects from competitive to …
Persistent link: https://www.econbiz.de/10009208487
In combinatorial auctions, multiple distinct items are sold simultaneously and a bidder may place a single bid on a set …
Persistent link: https://www.econbiz.de/10009208684
There is interest in designing simultaneous auctions for situations such as the recent FCC radio spectrum auctions, in … which the value of assets to a bidder depends on which other assets he or she wins. In such auctions, bidders may wish to …
Persistent link: https://www.econbiz.de/10009197658
The coordination of supply chains by means of contracting mechanisms has been extensively explored theoretically but not tested empirically. We investigate the performance of three commonly studied supply chain contracting mechanisms: the wholesale price contract, the buyback contract, and the...
Persistent link: https://www.econbiz.de/10009209024