Optimal procurement mechanisms for divisible goods with capacitated suppliers

Review of Economic Design

Volumn 12, Issue 2, 2008, Pages 129-154

  Iyengar, Garud ^a   Kumar, Anuj ^b  

^a Department of Earth and Environmental Sciences   (United States)

^b LEHMAN BROTHERS   (United States)

Author keywords

Capacity constraints; Multiple sourcing; Optimal direct mechanism; Procurement auctions

Indexed keywords

EID: 44349110048     PISSN: 14344742     EISSN: None     Source Type: Journal    
DOI: 10.1007/s10058-008-0046-7     Document Type: Article

References (18)

1. Ausubel LM (2004). An efficient ascending-bid auction for multiple objects. Amer Econ Rev 94(5): 1452-1475
2. Ausubel LM, Cramton P (2002) Demand reduction and inefficiency in multi-unit auctions. Working Paper, University of Maryland
3. Che YK (1993). Design competition through multidimensional auctions. Rand J Econ 24(4): 668-680
4. Chen F (2004) Auctioning supply chain contracts. Technical report. Decisions risk and operations, Columbia Bussiness School
5. Dasgupta S and Spulber DF (1990). Managing procurement auctions. Inf Econ Policy 4: 5-29
6. Harris M and Townsend R (1981). Resource allocation under asymmetric information. Econometrica 49(1): 33-64
7. Iyengar G, Kumar A (2006a) Characterizing optimal adword auctions. Technical report. CORC tech report-TR-2006-04. http://www.corc.ieor.columbia. edu/reports/techreports/tr-2006-04.pdf
8. Iyengar G, Kumar A (2006b) Optimal procurement auctions for divisible goods with capacitated suppliers. Technical report. CORC TR-2006-01, IEOR Department, Columbia University
9. Laffont JJ, Maskin ES and Rochet JC (1987). Optimal nonlinear pricing with two dimensional characteristics. In: Groves, T, Radner, R, and Reiter, S (eds) Information, Incentives and Economic Mechanisms; Essays in Honor of Leonid Hurwicz, Chap 8, pp 256-266. University of Minnesota Press, Minneapolis
10. Milgrom P and Weber R (1982). A theory of auctions and competitive bidding. Econometrica 50(5): 1089-1122
11. Myerson RB (1981). Optimal auction design. Math Oper Res 6(1): 58-73
12. Naegelen F (2002). Implementing optimal procurement auctions with exogenous quality. Rev of Econ Des 7: 135-153
13. Parente DH, Venkataraman R, Fizel J, Millet I (2001) B2B online reverse auctions: what's new? Decision Line, pp 13-15
14. Rochet JC and Chone P (1998). Ironing, sweeping and multidimensional screening. Econometrica 4: 783-826
15. Rochet JC and Stole LA (2003). The economics of multidimensional screening. In: Dewatripont, M, Hansen, LP and Turnovsky, SJ (eds) Advances in Economics and Econometrics: Theory and Applications-Eight world congress, Econometric Society Monographs, vol 36, pp. Cambridge University Press, Cambridge
16. Rockafeller RT (1970). Convex Analysis. Princeton University Press, Princeton
17. Vohra R, Malakhov A (2004) Single and multi-dimensional optimal auctions-a network approach. Working paper. Managerial Economics and Decision Sciences, Kellogg School of Management, Northwestern University
18. Vohra R, Malakhov A (2004) Optimal auction for capacitated bidders-a network approach. Working paper. Managerial Economics and Decision Sciences, Kellogg School of Management, Northwestern University