We present a new dynamic auction for procurement problems where payments are bounded by a hard budget constraint and …

A budget-constrained buyer wants to purchase items from a short-listed set. Items are differentiated by observable …

A budget-constrained buyer wants to purchase items from a short-listed set. Items are differentiated by observable …

A budget-constrained buyer wants to purchase items from a shortlisted set. Items are differentiated by quality and …

A budget-constrained buyer wants to purchase items from a shortlisted set. Items are differentiated by observable …

discuss the problem in a detail free setting. -- Mechanism Design ; Subsidies ; Budget ; Procurement ; Knapsack Problem …A budget-constrained buyer wants to purchase items from a shortlisted set. Items are differentiated by observable …

A budget-constrained buyer wants to purchase items from a shortlisted set. Items are differentiated by quality and …

A budget-constrained buyer wants to purchase items from a shortlisted set. Items are differentiated by quality and … performance of our mechanism. Finally, we discuss how the mechanism can be applied to award R&D subsidies. -- Auctions ; subsidies …

The procurement of complex projects is often plagued by large cost overruns. One important reason for these additional …

A budget-constrained buyer wants to purchase items from a shortlisted set. Items are differentiated by quality and …