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Replication data for: Properties of the Combinatorial Clock Auction

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Mendeley Data2024-06-25 更新2024-06-27 收录
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https://www.openicpsr.org/openicpsr/project/113004/version/V1/view
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The combinatorial clock auction has become popular for large-scale spectrum awards and other uses, replacing more traditional ascending or clock auctions. We describe some surprising properties of the auction, including a wide range of ex post equilibria with demand expansion, demand reduction, and predation. Our results obtain in a standard homogeneous good setting where bidders have well-behaved linear demand curves, and suggest some practical difficulties with dynamic implementations of the Vickrey auction.
创建时间:
2023-06-28
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