DP13667 Product-Mix Auctions
|Publication Date:||April 2019|
|Date Revised:||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, simultaneous multiple round auction|
|Programme Areas:||Industrial Organization|
|Link to this Page:||cepr.org/active/publications/discussion_papers/dp.php?dpno=13667|
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.