Sökning: "David Parkes"

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  1. 1. A simulation study of two combinatorial auctions

    Master-uppsats, Lunds universitet/Nationalekonomiska institutionen

    Författare :David Nordström; [2012]
    Nyckelord :PD auction; UCE auction; Combinatorial auction; Ascending auction; VCG payments; Strategy-proof; Primal-dual algorithm; Business and Economics;

    Sammanfattning : Combinatorial auctions allow buyers to express preferences over bun- dles of items. The Primal-Dual (PD) auction developed by de Vries et al. (2007) is an efficient ascending combinatorial auction which, given certain conditions on buyers valuations, achieves Vickrey-Clarke-Groves (VCG) payments. LÄS MER