A dynamic auction for multi-object procurement under a hard budget constraint

Ludwig Ensthaler, Thomas Giebe
2014 Research Policy  
We present a new dynamic auction for procurement problems where payments are bounded by a hard budget constraint and money does not enter the procurer's objective function. JEL D21, D44, D45, D82.
doi:10.1016/j.respol.2013.06.011 fatcat:sdlligiuejaspa7l6p2u3hojk4