Optimal Multi-Object Auctions.
This paper analyses optimal auctions of several objects. In the first model bidders have a binary distribution over their valuations for each object, in which case the optimal auction is efficient. The optimal auction takes one of two formats: either objects are sold in independent auctions, or a de...
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| Natura: | Journal article |
| Lingua: | English |
| Pubblicazione: |
OUP
2000
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