Title
Can priced options solve the exposure problem in sequential auctions?
Abstract
The exposure problem appears whenever an agent with complementary valuations bids to acquire a bundle of items sold sequentially, in independent auctions. In this letter, we review a possible solution that can help solve this problem, which involves selling options for the items, instead of the items themselves. We provide a brief overview of the state of the art in this field and discuss, based on recent results presented in [Mous et. al. 2008], under which conditions using option mechanisms would be desirable for both buyers and sellers, by comparison to direct auctioning of the items. The paper concludes with a brief discussion of further research directions in this field.
Year
DOI
Venue
2008
10.1145/1399589.1399598
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Keywords
DocType
Volume
brief discussion,research direction,possible solution,sequential auctions,sequential auction,exposure problem,brief overview,recent result,option mechanism,independent auction,complementary valuations bid,options
Journal
7
Issue
ISSN
Citations 
2
1551-9031
7
PageRank 
References 
Authors
0.62
16
3
Name
Order
Citations
PageRank
Lonneke Mous171.30
Valentin Robu294870.44
Han La Poutré324033.07