Work

Generalized reduced-form auctions: A network-flow approach

Year: 2011

Type: report

Abstract: We develop a network-flow approach for characterizing interim-allocation rules that can be implemented by ex post allocations. Our method can be used to characterize feasible interim allocations in general multi-unit auctions where agents face capacity constraints, both ceilings and floors. Applications include a variety of settings of practical interest, ranging from individual and group-specific capacity constraints, set-aside sale, partnership dissolution, and government license reallocation.

Source: Zurich Open Repository and Archive (University of Zurich)

DOI: 10.5167/uzh-51535

Authors: Che, Yeon-Koo, Kim, Jinwoo, Mierendorff, Konrad

Institutions: Yonsei University, Columbia University, Seoul National University, University of Zurich

Language: English

Topic: Auction Theory and Applications

Subfield: Management Science and Operations Research

Field: Decision Sciences

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W2143476705

Cites: 44

Cited by: 36

Related to: 10