منابع مشابه
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In financial disputes arising from divorce, inheritance, or the dissolution of a partnership, frequently the need arises to assign ownership of an indivisible item to one member of a group. This paper introduces and analyzes a dynamic auction for simply and e¢ciently allocating an item when participants are privately informed of their values. In the auction, the price rises continuously. A bidd...
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ژورنال
عنوان ژورنال: Journal of Economic Theory
سال: 2016
ISSN: 0022-0531
DOI: 10.1016/j.jet.2016.08.006