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...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Armstrong, M
Fformat: Journal article
Iaith:English
Cyhoeddwyd: OUP 2000