Sano, Ryuji - In: Mathematical Social Sciences 65 (2013) 2, pp. 112-117
This paper characterizes the class of combinatorial auctions that have a particular form of Nash equilibrium. We refer to this class as Vickrey-reserve auctions. In such auctions, bidders pay at least their Vickrey–Clarke–Groves payments. A specific strategy profile studied by Bernheim and...