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Combinatorial auction-based allocation of collaborative transportation

Naranjo, Daniel Nicola - 2019

The rapid development of the transportation industry has motivated companies and researchers to develop methods in order to reduce costs and increase productivity. This has led collaborative relationships to become one main trend in transportation. This work focuses specifically on the study of...

Persistent link: https://www.econbiz.de/10012392667

Second-chance offers and buyer reputation : theory and evidence on auctions with default

Engelmann, Dirk; Frank, Jeff; Koch, Alexander K.; … - 2020

Winning bidders in online auctions frequently fail to complete the transaction. Because enforcing bids usually is too … else equal, the availability of second-chance offers reduces amounts bid in auctions where there is a probability that a … to the idea of creating a deterrent against such behavior. Actual bidding in experimental auctions support these …

Persistent link: https://www.econbiz.de/10012438089

FAST: Fair Auctions via Secret Transactions

David, Bernardo; Gentile, Lorenzo; Pourpouneh, Mohsen - 2021

analyzes the bids and determines the winner. Many privacy preserving computation protocols for auctions have been proposed … this work, we propose efficient protocols for both first and second price sealed bid auctions with fairness against …

Persistent link: https://www.econbiz.de/10012440385

Information aggregation in competitive markets

Siga, Lucas; Mihm, Maximilian - In: Theoretical economics : TE ; an open access journal in … 16 (2021) 1, pp. 161-196

We study when equilibrium prices can aggregate information in an auction market with a large population of traders. Our main result identifies a property of information---the betweenness property---that is both necessary and sufficient for information aggregation. The characterization provides...

Persistent link: https://www.econbiz.de/10012415617