Essays about: "VCG payments"
Found 1 essay containing the words VCG payments.
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1. A simulation study of two combinatorial auctions
University essay from Lunds universitet/Nationalekonomiska institutionenAbstract : 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
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