Core-selecting package auctions: a comment on revenue-monotonicity
Core-selecting package auctions: a comment on revenue-monotonicity
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核心选择包拍卖:对收入单调性的评论
DOI:
10.1007/s00182-009-0188-z
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发表时间:
2010
影响因子:
0.6
通讯作者:
L. Lamy
中科院分区:
文献类型:
--
作者:
L. Lamy
Day and Milgrom (Int J Game Theory 36:393–407, 2008) argue that package auctions that select the seller’s minimum revenue in the Core are revenue-monotone. We show that no bidder-optimal Core-selecting auction can satisfy revenue-monotonicity for general preferences when there are at least three goods for sale, while the property holds for any bidder-optimal Core-selecting auction in environments with only two goods or if the characteristic function is submodular.
影响因子:
0.6
作者:
Robert W. Day;Paul R. Milgrom
通讯作者:
Robert W. Day;Paul R. Milgrom