Revenue failures and collusion in combinatorial auctions and exchanges with VCG payments

Published

Journal Article

Various aspects of combinatorial auction were discussed. Revenue failures and collusion in combinatorial auctions were also described. In a combinatorial auction, there are multiple items for sale and bidders are allowed to place a bid on a bundle of these items. The VCG mechanism is the canonical payment scheme for motivating the bidders to bid truthfully in combinatorial auctions.

Duke Authors

Cited Authors

  • Conitzer, V; Sandholm, T

Published Date

  • August 4, 2004

Published In

  • Proceedings of the Acm Conference on Electronic Commerce

Volume / Issue

  • 5 /

Start / End Page

  • 266 - 267

Citation Source

  • Scopus