A dynamic auction for multilateral collaboration

Chao Huang

Papers from arXiv.org

Abstract: We study the problem of multilateral collaboration among agents with transferable utilities. Any group of agents can sign a contract consisting of a primitive contract and monetary transfers among the signatories. We propose a dynamic auction that finds a stable outcome when primitive contracts are gross complements for all participants.

Date: 2024-11
New Economics Papers: this item is included in nep-cta, nep-des, nep-gth and nep-mic
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