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Ascending auctions: some impossibility results and their resolutions with final price discounts

Lamy, Laurent - HAL - 2009

auctions for het-erogeneous objects, J. Econ. Theory, 132, 95-118] impossibility result with regards to the Vickrey payoff … vector under general valuations. Similarly to Mishra and Parkes [Ascending price Vickrey auctions for general valuations, J …

Persistent link: https://www.econbiz.de/10010738984

Combinatorial Auctions for Trucking Service Procurement: An Examination of Carrier Bidding Policies

Song, Jiongjiong; Regan, Amelia C. - Institute for Transportation Studies (ITS), University … - 2003

Combinatorial auctions are increasingly used by large shippers as a method to establish service contracts with trucking … companies. In order to achieve maximal benefits in these auctions, carriers must determine a bidding policy that can accurately …

Persistent link: https://www.econbiz.de/10010677298

Outsourcing of Facility Management Activities and Procurement Design

Avenali, Alessandro; Matteucci, Giorgio; Nonino, Fabio - Dipartimento di Ingegneria Informatica, Automatica e … - 2010

We introduce a multi-attribute combinatorial auction-based mechanism, called contract clause mechanism (CCM), as a mean to innovate procurement design related to outsourcing of facility management activities. The CCM allows a procurer and sellers to dynamically and simultaneously bargain the...

Persistent link: https://www.econbiz.de/10010597733

Simplified Mechanisms with Applications to Sponsored Search and Package Auctions

Milgrom, Paul - Stanford Institute for Economic Policy Research … - 2007

auctions, suitable simplifications eliminate inefficient, low-revenue equilibria that are favored in the original direct …

Persistent link: https://www.econbiz.de/10010616019

On minimal ascending auctions with payment discounts

Lamy, Laurent - In: Games and Economic Behavior 75 (2012) 2, pp. 990-999

The literature on ascending combinatorial auctions yields conflicting insights regarding the possibility to implement … the Vickrey payoffs for general valuations. We introduce the class of minimal ascending auctions, a class which allows one …

Persistent link: https://www.econbiz.de/10010573649

Developing Responsive Rail Services through collaboration

Kuo, April; Miller-Hooks, Elise - In: Transportation Research Part B: Methodological 46 (2012) 3, pp. 424-439

In this paper, the problem of optimally serving one off-loads arriving on spot markets through rail services is addressed. To facilitate rail’s responsiveness, collaboration among competing rail carriers positioned to handle the newly arising demand is considered. Through such collaboration,...

Persistent link: https://www.econbiz.de/10010577908

Approximation Algorithms for the Bid Construction Problem in Combinatorial Auctions for the Procurement of Freight Transportation Contracts

Song, Jiongjiong; Regan, A C - Institute for Transportation Studies (ITS), University … - 2003

The bid valuation and construction problem for carriers facing combinatorial auctions for the procurement of freight …

Persistent link: https://www.econbiz.de/10010817865

Application of Combinatorial Auctions on Allocation of Public Financial Support in the Area of Environmental Protection: Economic Laboratory Experiment

Fiala, Petr; Šauer, Petr - In: Politická ekonomie 2011 (2011) 3, pp. 379-392

auctions on the case of providing financial support (capital investment subsidies) to polluters. Combinatorial auctions are … those auctions in which bidders can place bids on combinations of items. The advantage of combinatorial auctions is that the … and realize common capital investment projects. The common model of combinatorial auctions is described first in the paper …

Persistent link: https://www.econbiz.de/10009147148

Computationally Manageable Combinational Auctions

Rothkopf, Michael H.; Aleksandar Peke\v{c}; Harstad, … - In: Management Science 44 (1998) 8, pp. 1131-1147

There is interest in designing simultaneous auctions for situations such as the recent FCC radio spectrum auctions, in … which the value of assets to a bidder depends on which other assets he or she wins. In such auctions, bidders may wish to …

Persistent link: https://www.econbiz.de/10009197658

"Connected Price Dynamics with Revealed Preferences and Auctioneer's Discretion in VCG Combinatorial Auction"

Matsushima, Hitoshi - Center for International Research on the Japanese … - 2015

We investigate a general class of dynamical open-bid combinatorial auction protocols termed price-demand procedures, where the auctioneer asks buyer-dependent price vectors and buyers reveal demand sets. Such revelations are easier to practice than the revelations of entire valuations at once....

Persistent link: https://www.econbiz.de/10011186051