Clock Auctions and Radio Spectrum Reallocation

Clock Auctions and Radio Spectrum Reallocation
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时钟拍卖和无线电频谱重新分配

DOI:
10.1086/704074
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发表时间:
2020
影响因子:
8.2
通讯作者:
Segal, Ilya
Segal, Ilya
中科院分区:
经济学1区
文献类型:
--
作者:
Milgrom, Paul;Segal, Ilya

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我们研究的类多轮,多产品时钟采购拍卖,减少在每一轮的报价。当价格停止下跌时,剩下的竞标者成为获胜的卖家。对于一心的投标人,每一个这样的拍卖有五个属性不共享的维克瑞拍卖:每一个显然是防策略和群体策略,设置价格是纳什均衡在相关的第一价格拍卖中标,保护赢家隐私的价值,并可以扩展到满足预算约束。在模拟美国激励拍卖,启发式时钟拍卖从这一类实现快速计算,高效率,低价格。
We study the class of multiround, multiproduct clock procurement auctions that reduce offered prices at each round. When prices stop declining, the remaining bidders become the winning sellers. For single-minded bidders, each such auction has five properties not shared by Vickrey auctions: each is obviously strategy-proof and group-strategy-proof, sets prices that are Nash equilibrium winning bids in the related first-price auction, preserves winner privacy about values, and can be extended to satisfy a budget constraint. In simulations of the US incentive auction, a heuristic clock auction from this class achieves quick computations, high efficiency, and low prices.
销售拟阵底座的升序维克瑞拍卖
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