improve their sets of requests and obtain efficiency gains. First, a new type of problem scenario is introduced, combining …. Finally, frameworks for auction-based and posted price request-exchange mechanisms are presented. All mechanisms are tested … within the same scenario and their results are compared aiming to obtain insights regarding the efficiency gains they offer …

examine questions of auction design and efficiency and convincingly explain the enormous variation of revenues in different … analysts of telecommunications and the European auction experience, all but one presented at a November 2001 CESifo conference … conference. The essays show the interconnectedness of two important and productive areas of modern economics, auction theory and …