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Product-Mix Auctions

Paul Klemperer ()

No 13667, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: 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 (search for similar items in EconPapers)
JEL-codes: D44 E58 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-des and nep-mac
Date: 2019-04
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Page updated 2019-09-28
Handle: RePEc:cpr:ceprdp:13667