The Value Function Theorem for Combinatorial Auctions and a New Proof of the Existence of Market Equilibrium for Assignment Problems

7 Pages Posted: 26 May 2012  

Somdeb Lahiri

Pandit Deendayal Petroleum University (PDPU) - School of Petroleum Management

Date Written: May 25, 2012

Abstract

In this paper we provide a new proof of the existence of market equilibrium for a linear assignment problem.

Keywords: assignment problem, combinatorial auction, market equilibrium

JEL Classification: C71, C78

Suggested Citation

Lahiri, Somdeb, The Value Function Theorem for Combinatorial Auctions and a New Proof of the Existence of Market Equilibrium for Assignment Problems (May 25, 2012). Available at SSRN: https://ssrn.com/abstract=2066587 or http://dx.doi.org/10.2139/ssrn.2066587

Somdeb Lahiri (Contact Author)

Pandit Deendayal Petroleum University (PDPU) - School of Petroleum Management ( email )

School of Petroleum Management, PDPU
Gandhinagar, Gujarat 382007
India

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