Online ascending auctions for gradually expiring items

  title={Online ascending auctions for gradually expiring items},
  author={Ron Lavi and Noam Nisan},
  journal={J. Economic Theory},
In this paper we consider online auction mechanisms for the allocation of M items that are identical to each other except for the fact that they have different expiration times, and each item must be allocated before it expires. Players arrive at different times, and wish to buy one item before their deadline. The main difficulty is that players act "selfishly" and may mis-report their values, deadlines, or arrival times. We begin by showing that the usual notion of truthfulness (where players… CONTINUE READING
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