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 | SIGecom Exchanges |
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 Mous | 1 | 7 | 1.30 |
Valentin Robu | 2 | 948 | 70.44 |
Han La Poutré | 3 | 240 | 33.07 |