Multiple-Object XOR Auctionswith Buyer Preferences and SellerPriorities

  title={Multiple-Object XOR Auctionswith Buyer Preferences and SellerPriorities},
  author={Yu Chen and Andrew B. Kahng and Ion I. Mandoiu},
Auctions and exchangesare one of the most importantmarket mechanismsfor pricedeterminationandallocationof goods.In this paperwe considerthecasewheneachbuyer hasa limited budgetandwishesto buy at mostoneitem in multi-item auctions.We show the limitationsof two known mechanisms– sequenceof single-itemauctionsandrecentlyintroducedXOR doubleauctions… CONTINUE READING