Construct · 1 fields · 1 citations

simultaneous ascending auction: a standalone construct

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

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simultaneousascending auction1 CONSTRUCTSimultaneous ascendingMILGROM · MECHANISM DESIGN

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Mechanism design

auction format that sells many related items at once through rounds of rising prices, designed for radio spectrum licenses.

In mechanism design, simultaneous ascending auction refers to auction format that sells many related items at once through rounds of rising prices, designed for radio spectrum licenses. This meaning comes from Milgrom (2000) in Journal of Political Economy.[1]

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Nearby constructs

mechanism4 fields · 4 citationsjingle · one word, four constructsspectrum4 fields · 4 citationsjingle · one word, four constructs

References

  1. Milgrom, P. (2000). Putting Auction Theory to Work: The Simultaneous Ascending Auction. Journal of Political Economy, 108(2), 245-272. https://doi.org/10.1086/262118

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