Incentive compatibility in multi-unit auctions

We characterize incentive compatibility in multi-unit auctions with multi-dimensional types. An allocation mechanism is incentive compatible if and only if it is nondecreasing in marginal utilities (NDMU). The notion of incentive compatibility we adopt is dominant strategy in private value models an...

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Main Authors: BIKHCHANDANI, Sushil, CHATTERJI, Shurojit, SEN, Arunava
格式: text
語言:English
出版: Institutional Knowledge at Singapore Management University 2003
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在線閱讀:https://ink.library.smu.edu.sg/soe_research/2022
https://ink.library.smu.edu.sg/context/soe_research/article/3021/viewcontent/pdf_SB13.pdf
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