Schneider, S.; Shabalin, P.; Bichler, M. - In: European Journal of Operational Research 206 (2010) 1, pp. 248-259
Though the VCG auction assumes a central place in the mechanism design literature, there are a number of reasons for favoring Iterative Combinatorial Auctions (ICAs). Several promising ICA formats were developed based on primal-dual and subgradient algorithms. Prices are interpreted as a...