Position Auctions with Budgets: Existence and Uniqueness
We design a Generalized Position Auction for players with private values and private budget constraints. Our mechanism is a careful modification of the Generalized English Auction of Edelman, Ostrovsky and Schwarz (2007). By enabling multiple price trajectories that ascent concurrently we are able t...
| Main Authors: | , , , , |
|---|---|
| Other Authors: | |
| Format: | Article |
| Language: | en_US |
| Published: |
Berkeley Electronic Press
2011
|
| Online Access: | http://hdl.handle.net/1721.1/64459 https://orcid.org/0000-0003-2124-738X |