A Mechanism for Multiple Goods and Interdependent Valuations

@inproceedings{Dash2004AMF,
  title={A Mechanism for Multiple Goods and Interdependent Valuations},
  author={Rajdeep K. Dash and Alex Rogers and Nicholas R. Jennings},
  booktitle={AMEC},
  year={2004}
}
This paper reports on the design of an auction mechanism for allocating multiple goods when the buyers have interdependent valuations. We cast the problem as a multi-agent system consisting of selfish, rational agents and develop an auction mechanism which is efficient, incentive compatible and individually rational. We first discuss the necessary… CONTINUE READING