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Efficiency with linear prices
2010
Proceedings of the 11th ACM conference on Electronic commerce - EC '10
Combinatorial auctions have been suggested as a means to raise efficiency in multi-item negotiations with complementarities among goods as they can be found in procurement, energy markets, transportation, and the sale of spectrum auctions. The Combinatorial Clock (CC) auction has become very popular in these markets for its simplicity and for its highly usable price discovery, derived by the use of linear prices. Unfortunately, no equilibrium bidding strategies are known. Given the importance
doi:10.1145/1807342.1807388
dblp:conf/sigecom/BichlerSZ10
fatcat:7lcbubbwuvdlzkxukfxcn2ugyq