Generalized reduced-form auctions: a network-flow approach

Yeon-Koo Che, Jinwoo Kim () and Konrad Mierendorff

No 31, ECON - Working Papers from Department of Economics - University of Zurich

Abstract: We develop a network-flow approach for characterizing interim-allocation rules that can be implemented by ex post allocations. Our method can be used to characterize feasible interim allocations in general multi-unit auctions where agents face capacity constraints, both ceilings and floors. Applications include a variety of settings of practical interest, ranging from individual and group-specific capacity constraints, set-aside sale, partnership dissolution, and government license reallocation.

Keywords: Reduced-form auctions; network-flow approach; feasible circulation flow; paramodular capacity constraints (search for similar items in EconPapers)
JEL-codes: D44 (search for similar items in EconPapers)
Date: 2011-09, Revised 2013-03
New Economics Papers: this item is included in nep-gth, nep-mic and nep-net
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (40)

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Related works:
Journal Article: Generalized Reduced‐Form Auctions: A Network‐Flow Approach (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:zur:econwp:031

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