The Value Function Theorem for Combinatorial Auctions and a New Proof of the Existence of Market Equilibrium for Assignment Problems
School of Petroleum Management, PDPU
May 25, 2012
In this paper we provide a new proof of the existence of market equilibrium for a linear assignment problem.
Number of Pages in PDF File: 7
Keywords: assignment problem, combinatorial auction, market equilibrium
JEL Classification: C71, C78
Date posted: May 26, 2012