Combinatorial auctions in practice

Palacios-Huerta, Ignacio, Parkes, David C. and Steinberg, Richard ORCID: 0000-0001-9636-472X (2024) Combinatorial auctions in practice. Journal of Economic Literature, 62 (2). 517 - 553. ISSN 0022-0515

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Abstract

We survey the uses of combinatorial auctions that have been deployed in practice, giving emphasis to their key representational and economic aspects. In addition, we discuss behavioral economics considerations on both the bidder and auctioneer sides of the market, and the interrelated topics of simplicity and trust, highlighting key opportunities for future work.

Item Type:	Article
Official URL:	https://www.aeaweb.org/journals/jel
Additional Information:	© 2024 American Economic Association
Divisions:	Management
Subjects:	H Social Sciences > HB Economic Theory
JEL classification:	D - Microeconomics > D4 - Market Structure and Pricing > D44 - Auctions D - Microeconomics > D9 - Intertemporal Choice and Growth > D91 - Intertemporal Consumer Choice; Life Cycle Models and Saving
Date Deposited:	09 Jul 2024 08:33
Last Modified:	17 Jul 2024 07:27
URI:	http://eprints.lse.ac.uk/id/eprint/124108

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