Arbeitspapier
Mixed Bundling Auctions
We study multi-object auctions where agents have private and additive valuations for heterogeneous objects. We focus on the revenue properties of a class of dominant strategy mechanisms where a weight is assigned to each partition of objects. The weights influence the probability with which partitions are chosen in the mechanism. This class contains efficient auctions, pure bundling auctions, mixed bundling auctions, auctions with reserve prices and auctions with pre-packaged bundles. For any number of objects and bidders, both the pure bundling auction and separate, efficient auctions for the single objects are revenue-inferior to an auction that involves mixed bundling.
- Language
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Englisch
- Bibliographic citation
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Series: SFB/TR 15 Discussion Paper ; No. 141
- Classification
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Wirtschaft
- Event
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Geistige Schöpfung
- (who)
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Jehiel, Philippe
Meyer-ter-Vehn, Moritz
Moldovanu, Benny
- Event
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Veröffentlichung
- (who)
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Sonderforschungsbereich/Transregio 15 - Governance and the Efficiency of Economic Systems (GESY)
- (where)
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München
- (when)
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2006
- DOI
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doi:10.5282/ubm/epub.13410
- Handle
- URN
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urn:nbn:de:bvb:19-epub-13410-7
- Last update
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10.03.2025, 11:42 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Jehiel, Philippe
- Meyer-ter-Vehn, Moritz
- Moldovanu, Benny
- Sonderforschungsbereich/Transregio 15 - Governance and the Efficiency of Economic Systems (GESY)
Time of origin
- 2006