Combinatorial Auctions in Practice
52 Pages Posted: 12 May 2021
Date Written: May 12, 2021
We survey the uses of combinatorial auctions that have been deployed in practice. We specify the key representational, computational, and economic aspects of deployed combinatorial auctions. Finally, we discuss behavioral economics considerations on both sides of the market, and the interrelated topics of trust, simplicity and flexibility, highlighting key opportunities for future work.
Keywords: Combinatorial Auctions, Market Design, Bidding, Behavioral Economics.
JEL Classification: C72, D44, D90, L20.
Suggested Citation: Suggested Citation