Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/259989 
Erscheinungsjahr: 
2012
Schriftenreihe/Nr.: 
Working Paper No. 2010:15
Verlag: 
Lund University, School of Economics and Management, Department of Economics, Lund
Zusammenfassung: 
This paper analyzes the problem of selecting a set of items whose prices are to be updated in the next iteration in so called simple ascending auctions with unit-demand bidders. A family of sets called "sets in excess demand" is introduced, and the main results demonstrate that a simple ascending auction always terminates at the minimum Walrasian equilibrium prices if and only if the selection belongs to this family. The paper also specifies a number of properties of the family of sets in excess demand and relate previously proposed selections to it.
Schlagwörter: 
Multi-item auctions
unit-demand
excess demand
algorithms
JEL: 
C62
D44
D50
Dokumentart: 
Working Paper

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