This paper describes a problem in which the "cost" of satisfying the demand at a particular location is a weighted average of the travel times for the items that are supplied. The greatest weight is given to the first-arriving item, with decreasing weights given to each succeeding item. In the...

Most business-to-business (B2B) auctions are used to transact large quantities of homogeneous goods, and therefore use multiunit mechanisms. In the B2B context, bidders often have increasing returns to scale, or synergies. We compare two commonly used auction formats for selling multiple...

This note reconsiders some of the issues raised by Kadane and Larkey, and Harsanyi, and briefly discusses some relevant empirical results.

This study investigated the effects of six communication/information conditions on the outcomes reached by three-person groups playing a characteristic function game. The game was played by a monopolist and two weaker players. The conditions consisted of six combinations which varied the amount...