The paper reports the architecture of a continuous combinatorial auction. Preferences are based on sets of items and feasibility requires the nonintersection of sets. Countdown clocks replace eligibility and activity requirements typical of rounds-based auctions. Bids remain in the system to be...

The paper reports on the design, experimental testing, field implementation and performance of market policy replacements of an administrative procedures for procuring school transportation for disadvantaged children. The project involves route design, special auction design and implementation....

The paper reports on the theory, design, laboratory experimental testing, field implementation and results of a large, multiple market and policy constrained auction. The auction involved the sale of 18,788 ten-year entitlements for the use of electronic gaming machines in 176 interconnected...

The paper develops a decentralized mechanism for allocations and pricing under economic conditions that traditionally dictate administrative policies as solutions. Because of complex coordination problems, thin markets, and non-convexities including zero marginal cost due to lumpy transportation...

The paper investigates the revenue and efficiency of different ascending price auction architectures for the sale of three items and five bidders. Four architectures are studied: two different sequences of single item auctions, simultaneous auctions with a common countdown clock, and...