Showing 1 - 10 of 4,317
establish a revenue uniqueness result: for every dominant strategy implementable allocation rule, there is a unique payment rule …
Persistent link: https://www.econbiz.de/10011657364
Persistent link: https://www.econbiz.de/10000908740
A simultaneous pooled auction with multiple bids and preference lists is a way to auction multiple objects, in which bidders simultaneously express a bid for each object and a preference ordering over which object they would like to get in case they have the highest bid on more than one object....
Persistent link: https://www.econbiz.de/10011374408
We conduct laboratory experiments for the Vickrey auction with and without an announcement on strategy-proofness to subjects. Although the rate of truth-telling among the subjects stays at 20% without the announcement, it increases to 47% with the announcement. Moreover, by conducting...
Persistent link: https://www.econbiz.de/10012024698
In a laboratory experiment, we compare two auction mechanisms that determine the sequence of service to queued customers. In the server-initiated auction, the server, when idle, sells the right to be served next to the highest bidding customer in the queue and distributes the proceeds among the...
Persistent link: https://www.econbiz.de/10010532591
Persistent link: https://www.econbiz.de/10012199170
Persistent link: https://www.econbiz.de/10012146284
allocation mechanism to solve the allocation problem. Alternatively, we present a combinatorial auction-based allocation …
Persistent link: https://www.econbiz.de/10011725294
Persistent link: https://www.econbiz.de/10011886306
Persistent link: https://www.econbiz.de/10011919044