Combinatorial Auctions in Practice
57 Pages Posted: 12 May 2021 Last revised: 1 Apr 2022
Date Written: March 31, 2022
Abstract
We survey the uses of combinatorial auctions that have been deployed in practice. We specify the key representational and economic aspects of deployed combinatorial auctions. Finally, we discuss behavioral economics considerations on both sides of the market, and the interrelated topics of simplicity and trust, highlighting key opportunities for future work.
Keywords: Combinatorial Auctions, Market Design, Bidding, Behavioral Economics.
JEL Classification: C72, D44, D90, L20.
Suggested Citation: Suggested Citation
Palacios-Huerta, Ignacio and Parkes, David C. and Steinberg, Richard, Combinatorial Auctions in Practice (March 31, 2022). Available at SSRN: https://ssrn.com/abstract=3844338 or http://dx.doi.org/10.2139/ssrn.3844338
Do you have negative results from your research you’d like to share?
Feedback
Feedback to SSRN
If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday.