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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...

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Detalles Bibliográficos
Autores principales: Armantier, Olivier, Holt, Charles A.
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer US 2023
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