Citation

Discussion Paper Details

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Full Details

Title: Product-Mix Auctions

Author(s): Paul Klemperer

Publication Date: April 2019

Keyword(s): Auction, Bank of England, bidding language, geometric bidding language, Multi-object auction, multi-product auction, product mix auction, product-mix auction, Simultaneous ascending auction and simultaneous multiple round auction

Programme Area(s): Industrial Organization

Abstract: This paper adds new material, including about implementations of the product-mix auction and more detail about the bidding languages, to Klemperer (2008) [see next page for details]. Software (pro bono) to run several versions of product-mix auctions is now available at http://pma.nuff.ox.ac.uk.

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Bibliographic Reference

Klemperer, P. 2019. 'Product-Mix Auctions'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=13667