Sequential Auctions with Budget-Constrained Bidders

ICEBE, pp. 17-24, 2013.

Cited by: 1|Views1


In this paper, we examine a setting in which a number of goods are sold in sequential single unit auctions and the agents who bid for these items have a hard budget constraint, i.e. a preset amount of money to use for all their purchases, which cannot not be exceeded. Each auction is run as a second price sealed bid (Vickrey) auction. Ana...More



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