Sequential Uniform Price Auctions

  • Mat́ıas Herrera Dappe
  • Published 2013
When selling divisible goods such as energy contracts or emission allowances, should the entire supply be auctioned all at once, or should it be spread over a sequence of auctions? How does the expected revenue in a sequence of uniform price auctions compare to the expected revenue in a single uniform price auction? These questions come up when designing… CONTINUE READING