33 Pages Posted: 16 Apr 2019 Last revised: 23 Apr 2019
Date Written: April 2019
This paper adds new material, including about implementations of the product-mix auction and more detail about the bidding languages, to Klemperer (2008) [see next page for details]. Software (pro bono) to run several versions of product-mix auctions is now available at http://pma.nuff.ox.ac.uk.
Keywords: Auction, Bank of England, bidding language, geometric bidding language, Multi-object auction, multi-product auction, product mix auction, product-mix auction, Simultaneous ascending auction, simultaneous multiple round auction
JEL Classification: D44, E58
Suggested Citation: Suggested Citation
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