MECHANISM DESIGN FOR OPTIMAL AUCTION OF DIVISIBLE GOODS
2010 ◽
Vol 09
(05)
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pp. 831-845
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Keyword(s):
In this paper, the auction of divisible goods is investigated and a mechanism design method for optimal auction of divisible goods is presented. First, the definitions of feasible allocations and divisible goods auctions are given based on several important assumptions of divisible goods auction. Second, an optimal auction mechanism of divisible goods is designed, and a method of how to use the uniform price auction to implement the optimal auctions is discussed under the background of allocating the total permitted pollution discharge capacity (TPPDC). Lastly, this method is applied to the environmental planning of Wuhan City Circle in Hubei Province, China.
2016 ◽
Vol 54
(13)
◽
pp. 4028-4042
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Keyword(s):
2009 ◽
pp. 1080-1089
Keyword(s):
2014 ◽
Vol 21
(1)
◽
pp. 96-117
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2013 ◽
Vol 40
(15)
◽
pp. 6105-6114
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Keyword(s):
2013 ◽
Vol 415
◽
pp. 726-729
2013 ◽
Vol 415
◽
pp. 683-686
1999 ◽
Vol 21
(2)
◽
pp. 103-110
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1998 ◽
Vol 27
(2)
◽
pp. 125-131
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Keyword(s):