G2TT
来源类型Discussion paper
规范类型论文
来源IDDP5579
DP5579 Penalty Shoot-Outs: Before or After Extra Time?
Juan Carrillo
发表日期2006-03-24
出版年2006
语种英语
摘要We study multi-object auctions where agents have private and additive valuations for heterogeneous objects. We focus on the revenue properties of a class of dominant strategy mechanisms where a weight is assigned to each partition of objects. The weights influence the probability with which partitions are chosen in the mechanism. This class contains efficient auctions, pure bundling auctions, mixed bundling auctions, auctions with reserve prices and auctions with pre-packaged bundles. For any number of objects and bidders, both the pure bundling auction and separate, efficient auctions for the single objects are revenue-inferior to an auction that involves mixed bundling.
主题Industrial Organization
关键词Auction Mixed bundling Revenue maximization
URLhttps://cepr.org/publications/dp5579
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/534439
推荐引用方式
GB/T 7714
Juan Carrillo. DP5579 Penalty Shoot-Outs: Before or After Extra Time?. 2006.
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