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The Combinatorial Clock Auction (CCA) has frequently been used in recent spectrum auctions. It combines a dynamic clock phase and a one-off supplementary round. The winning allocation and the corresponding prices are determined by the VCG rules. These rules should encourage truthful bidding,...
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The combinatorial clock auction (CCA) has frequently been used in recent spectrum auctions. It combines a dynamic clock phase and a one‐off supplementary round. The winning allocation and the corresponding prices are determined by the Vickrey–Clarke–Groves rules. These rules should...
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