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Ascending Prices and Package Bidding:Further Experimental Analysis
Package auctions SAA auctions CCA auctions threshold problem
2015/7/21
We explore the performance of multi-round, price-guided combinatorial auctions for a previously untested class of auction profiles; one with synergies resulting from shared fixed costs. These newprof...
Ascending Prices and Package Bidding:A Theoretical and Experimental Analysis
Ascending Prices Package Bidding Theoretical Experimental Analysis
2015/7/21
We use theory and experiment to explore the performance of multi-round, price-guided, combinatorial auctions. We define efficiency-relevant and core-relevant packages and show that if bidders bid aggr...