Sequential auctions and externalities

@inproceedings{Leme2012SequentialAA,
  title={Sequential auctions and externalities},
  author={Renato Paes Leme and Vasilis Syrgkanis and {\'E}. Tardos},
  booktitle={SODA},
  year={2012}
}
In many settings agents participate in multiple different auctions that are not necessarily implemented simultaneously. Future opportunities affect strategic considerations of the players in each auction, introducing externalities. Motivated by this consideration, we study a setting of a market of buyers and sellers, where each seller holds one item, bidders have combinatorial valuations and sellers hold item auctions sequentially. Our results are qualitatively different from those of… Expand
80 Citations
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