Menezes, Flavio M; Monteiro, Paulo Klinger - In: The Journal of Real Estate Finance and Economics 17 (1998) 3, pp. 219-32
Suppose a seller wants to sell k similar or identical objects and there are n greater than k potential buyers. Suppose that each buyer wants only one object. In this case, we suggest the use of a simultaneous auction that would work as follows. Players are asked to submit sealed bids for one...