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Article Dans Une Revue International Journal of Game Theory Année : 2010

Core-selecting package auctions: a comment on revenue-monotonicity

Résumé

Day and Milgrom (Int J Game Theory 36:393-407, 2008) argue that package auctions that select the seller's minimum revenue in the Core are revenue-monotone. We show that no bidder-optimal Core-selecting auction can satisfy revenue-monotonicity for general preferences when there are at least three goods for sale, while the property holds for any bidder-optimal Core-selecting auction in environments with only two goods or if the characteristic function is submodular.

Dates et versions

halshs-00754436 , version 1 (20-11-2012)

Identifiants

Citer

Laurent Lamy. Core-selecting package auctions: a comment on revenue-monotonicity. International Journal of Game Theory, 2010, 39 (3), pp.503-510. ⟨10.1007/s00182-009-0188-z⟩. ⟨halshs-00754436⟩
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