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Endogenous reference price auctions for a diverse set of commodities: an experimental analysis
This paper is concerned with multi-object, multi-unit auctions with a budget constrained auctioneer who has noisy value estimates for each object. We propose a new allocation mechanism, the endogenous reference price auction, with two key features. First, bids are normalized across objects using “re...
Autores principales: | , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Springer US
2023
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10061412/ https://www.ncbi.nlm.nih.gov/pubmed/37363161 http://dx.doi.org/10.1007/s10683-022-09783-6 |