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Combinatorial auctions in practice

By: Huerta, I.P., Parkes, D.C. and Steinberg, R.
Material type: materialTypeLabelBookPublisher: Journal of Economic Literature Description: 62(2), Jun, 2024: p.517-553.Subject(s): Combinatorial Auctions, Auction Theory, Behavioral Economics, Bidder Behavior, Auctioneer Strategy, Market Design, Economic Efficiency, Trust in Auctions, Simplicity in Mechanisms, Practical Applications, Representational Aspects, Future Research Opportunities In: Journal of Economic LiteratureSummary: We survey the uses of combinatorial auctions that have been deployed in practice, giving emphasis to their key representational and economic aspects. In addition, we discuss behavioral economics considerations on both the bidder and auctioneer sides of the market, and the interrelated topics of simplicity and trust, highlighting key opportunities for future work.- Reproduced https://www.aeaweb.org/articles?id=10.1257/jel.20221679
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Articles Articles Indian Institute of Public Administration
62(2), Jun, 2024: p.517-553 Available AR132896

We survey the uses of combinatorial auctions that have been deployed in practice, giving emphasis to their key representational and economic aspects. In addition, we discuss behavioral economics considerations on both the bidder and auctioneer sides of the market, and the interrelated topics of simplicity and trust, highlighting key opportunities for future work.- Reproduced


https://www.aeaweb.org/articles?id=10.1257/jel.20221679

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