Uniform price auction of divisible goods based on multiple rounds linear bidding and its equilibrium analysis

In this paper, the auction problem of a kind of continuous homogeneous divisible goods is studied and a uniform price auction mechanism is presented based on three conditions, i.e. the auctioneer’s supply is variable, every bidder submits multiple rounds continuous linear bidding, and every bidder’...

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Bibliographic Details
Main Authors: Congjun Rao, Yong Zhao, Yang Chen
Format: Article
Language:English
Published: Vilnius Gediminas Technical University 2015-01-01
Series:Technological and Economic Development of Economy
Subjects:
Online Access:https://journals.vgtu.lt/index.php/TEDE/article/view/1045