| Ensthaler, Ludwig; Giebe, Thomas (March 2010): A dynamic auction for multi-object procurement under a hard budget constraint. SFB/TR 15 Discussion Paper No. 310 |
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Abstract
We present a new dynamic auction for procurement problems where payments are bounded by a hard budget constraint and money does not enter the procurer's objective function.
| Item Type: | Paper (Discussion Paper) |
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| Keywords: | Auctions, Mechanism Design, Knapsack Problem, Dominant Strategy, Budget, Procurement |
| Faculties: | Special Research Fields > Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems Special Research Fields > Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems > A7 - Auktionen, Anreizprobleme und Wettbewerb |
| Subjects: | 300 Social sciences > 330 Economics |
| JEL Classification: | D21, D44, D45, D82 |
| URN: | urn:nbn:de:bvb:19-epub-13244-4 |
| Language: | English |
| ID Code: | 13244 |
| Last Modified: | 31. Aug 2018 12:48 |
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