Combinatorial auctions in practice
Palacios-Huerta, Ignacio; Parkes, David C.; and Steinberg, Richard
(2024)
Combinatorial auctions in practice.
Journal of Economic Literature, 62 (2).
517 - 553.
ISSN 0022-0515
(2024)
Combinatorial auctions in practice.
Journal of Economic Literature, 62 (2).
517 - 553.
ISSN 0022-0515
We survey the uses of combinatorial auctions that have been deployed in practice, giving emphasis to their key representational and economic aspects. In addition, we discuss behavioral economics considerations on both the bidder and auctioneer sides of the market, and the interrelated topics of simplicity and trust, highlighting key opportunities for future work.
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