Journal articles or Book chapters PUBLISHED

1. Conitzer, V; Sandholm, T, Revenue failures and collusion in combinatorial auctions and exchanges with VCG payments, Proceedings of the ACM Conference on Electronic Commerce, vol. 5 (January, 2004), pp. 266-267 [doi].
   (last updated on 2024/04/18)

   Abstract:
   Various aspects of combinatorial auction were discussed. Revenue failures and collusion in combinatorial auctions were also described. In a combinatorial auction, there are multiple items for sale and bidders are allowed to place a bid on a bundle of these items. The VCG mechanism is the canonical payment scheme for motivating the bidders to bid truthfully in combinatorial auctions.