Generalized Reduced-Form Auctions: A Network-Flow Approach

Generalized Reduced-Form Auctions: A Network-Flow Approach
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广义简化形式拍卖:网络流方法

DOI:
10.2139/ssrn.1957071
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发表时间:
2013
期刊:
Microeconomics: Asymmetric & Private Information eJournal
影响因子:
--
通讯作者:
Konrad Mierendorff
Konrad Mierendorff
中科院分区:
--
文献类型:
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作者:
Yeon;Jinwoo Kim;Konrad Mierendorff

文献摘要

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我们开发了一种网络流量方法,用于表征可以通过邮政分配实现的临时分配规则。我们的方法可用于表征一般的多单元拍卖中可行的临时分配,在该拍卖中,代理面临容量限制的天花板和地板。申请包括各种实践兴趣的环境,包括个人和特定的容量限制,固定的销售,合伙企业解散和政府许可证重新分配。
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.