Skip to content
University of Maryland LibrariesDigital Repository at the University of Maryland
    • Login
    View Item 
    •   DRUM
    • College of Behavioral & Social Sciences
    • Economics
    • Economics Research Works
    • View Item
    •   DRUM
    • College of Behavioral & Social Sciences
    • Economics
    • Economics Research Works
    • View Item
    JavaScript is disabled for your browser. Some features of this site may not work without it.

    Auctioning Many Divisible Goods

    Thumbnail
    View/Open
    ausubel-cramton-auctioning-many-divisible-goods.pdf (151Kb)
    No. of downloads: 1389

    Date
    2004
    Author
    Ausubel, Lawrence M.
    Cramton, Peter
    Citation
    "Auctioning Many Divisible Goods," (with Lawrence M. Ausubel) Journal of the European Economic Association, 2, 480-493, April-May 2004.
    Metadata
    Show full item record
    Abstract
    We study the theory and practical implementation of auctioning many divisible goods. With multiple related goods, price discovery is important not only to reduce the winner’s curse, but more importantly, to simplify the bidder’s decision problem and to facilitate the revelation of preferences in the bids. Simultaneous clock auctions are especially desirable formats for auctioning many divisible goods. We examine the properties of these auctions and discuss important practical considerations in applying them.
    URI
    http://hdl.handle.net/1903/7115
    Collections
    • Economics Research Works

    DRUM is brought to you by the University of Maryland Libraries
    University of Maryland, College Park, MD 20742-7011 (301)314-1328.
    Please send us your comments.
    Web Accessibility
     

     

    Browse

    All of DRUMCommunities & CollectionsBy Issue DateAuthorsTitlesSubjectsThis CollectionBy Issue DateAuthorsTitlesSubjects

    My Account

    LoginRegister
    Pages
    About DRUMAbout Download Statistics

    DRUM is brought to you by the University of Maryland Libraries
    University of Maryland, College Park, MD 20742-7011 (301)314-1328.
    Please send us your comments.
    Web Accessibility