The paper analyzes auctions which are not completely enforceable. In such auctions, economic agents may fail to carry out their obligations, and parties involved cannot rely on ex...
The popularization and conveniences of Internet have changed traditional auction transactions into electronic auction via Internet. In 2006, Chang and Chang proposed an anonymous ...
This paper analyzes sequential auctions for budget constrained bidders, for multiple heterogeneous common value objects. In most auctions, bidders not only have valuations for obj...
S. Shaheen Fatima, Michael Wooldridge, Nicholas R....
We derive optimal bidding strategies for a global bidder who participates in multiple, simultaneous second-price auctions with perfect substitutes. We first consider a model where...
Enrico Gerding, Rajdeep K. Dash, David C. K. Yuen,...