Monday, 16:15 - 16:40 h, Room: MA 043


Konrad Mierendorff
Generalized reduced-form auctions: A network-flow approach

Coauthors: Yeon-Koo Che, Jinwoo Kim


We develop a network-flow approach for characterizing interim-allocation rules that can be implemented by ex post allocations. The network method can be used to characterize feasible interim allocations in general multi-unit auctions where agents face hierarchical capacity constraints. We apply the method to solve for an optimal multi-object auction mechanism when bidders are constrained in their capacities and budgets.


Talk 3 of the invited session Mon.3.MA 043
"Design of optimal mechanisms" [...]
Cluster 8
"Game theory" [...]


  quick loans . Of course, the choice is not that easy, as there exist great number of different preparations. Notwithstanding, Buy Cialis Online is the one that definitely differs from all other products.