Grigorieva, Elena; Herings, Jean-Jacques; Müller, Rudolf; … - Maastricht : METEOR, Maastricht Research School of … - 2004
In this paper we present a new auction, the bisection auction, that can be used for the sale of a single indivisible object. We discuss the issue concerning the information revelation requirement of this auction and the associated amount of data that needs to be transmitted. We show that in the...