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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Bibliographic Details
Main Author: Armstrong, M
Format: Journal article
Language:English
Published: OUP 2000