Title
Core-selecting package auctions
Abstract
Auctions that select core allocations with respect to reported values generate competitive levels of sales revenues at equilibrium and limit bidder incentives to use shills. Among core-selecting auctions, the ones that minimize seller revenues also maximize incentives for truthful reporting, produce the Vickrey outcome when that lies in the core and, in contrast to the Vickrey auction, and create no incentive for a seller to exclude qualified bidders. Core-selecting auctions are related to and share properties with stable matching mechanisms.
Year
DOI
Venue
2008
10.1007/s00182-007-0100-7
Int. J. Game Theory
Keywords
DocType
Volume
core · stable matching · marriage problem · auctions · core-selecting auctions · menu auctions · proxy auctions · package bidding · combinatorial bidding · incentives · truncation strategies,incentives,vickrey auction,auctions,stable matching,core
Journal
36
Issue
ISSN
Citations 
3
1432-1270
66
PageRank 
References 
Authors
3.90
3
2
Name
Order
Citations
PageRank
Robert Day119315.90
Paul Milgrom2685.19