Construct · 1 fields · 1 citations

combinatorial auction: a standalone construct

One name. One construct. A landmark on the map.

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combinatorialauction1 CONSTRUCTCombinatorial auctionRASSENTI · MECHANISM DESIGN

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Mechanism design

auction in which bidders can bid on packages of items, letting them express complementarities among goods.

In mechanism design, combinatorial auction refers to auction in which bidders can bid on packages of items, letting them express complementarities among goods. This meaning comes from Rassenti (1982) in The Bell Journal of Economics.[1]

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Nearby constructs

mechanism4 fields · 4 citationsjingle · one word, four constructs

References

  1. Rassenti, S. J., Smith, V. L., & Bulfin, R. L. (1982). A Combinatorial Auction Mechanism for Airport Time Slot Allocation. The Bell Journal of Economics, 13(2), 402. https://doi.org/10.2307/3003463

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