G2TT
来源类型Discussion paper
规范类型论文
来源IDDP7511
DP7511 Waiting to imitate: on the dynamic pricing of knowledge
Carlos Ponce
发表日期2009-10-18
出版年2009
语种英语
摘要We propose a new, easy-to-implement, class of payment rules, "Reference Rules," to make core-selecting package auctions more robust. Small, almost riskless, profitable deviations from "truthful bidding" are often easy for bidders to find under currently-used payment rules. Reference Rules perform better than existing rules on our marginal-incentive-to-deviate criterion, and are as robust as existing rules to large deviations. Other considerations, including fairness and comprehensibility, also support the use of Reference Rules.
主题Industrial Organization ; Public Economics
关键词Combinatorial auction Core Core-selecting auction Multi-object auction Package auction Robust design Simultaneous ascending auction Vickrey Vickrey auction
URLhttps://cepr.org/publications/dp7511
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/536347
推荐引用方式
GB/T 7714
Carlos Ponce. DP7511 Waiting to imitate: on the dynamic pricing of knowledge. 2009.
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