Day, Robert W.; Raghavan, S. - In: Management Science 53 (2007) 9, pp. 1389-1406
Motivated by the increasing use of auctions by government agencies, we consider the problem of fairly pricing public goods in a combinatorial auction. A well-known problem with the incentive-compatible Vickrey-Clarke-Groves (VCG) auction mechanism is that the resulting prices may not be in the...