Essays about: "UCE auction"

Found 1 essay containing the words UCE auction.

  1. 1. A simulation study of two combinatorial auctions

    University essay from Lunds universitet/Nationalekonomiska institutionen

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

    Abstract : 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. READ MORE