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| Type | Working Paper |
| Scope | Discipline-based scholarship |
| Title | Generalized reduced-form auctions: A network-flow approach |
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| Institution | University of Zurich |
| Series Name | Working paper series / Department of Economics |
| Number | 31 |
| ISSN | 1664-7041 |
| Number of Pages | 29 |
| Date | 2013 |
| Abstract Text | We develop a network-flow approach for characterizing interim-allocation rules that can be implemented by ex post allocations. Our method can be used to characterize feasible interim allocations in general multi-unit auctions where agents face capacity constraints, both ceilings and floors. Applications include a variety of settings of practical interest, ranging from individual and group-specific capacity constraints, set-aside sale, partnership dissolution, and government license reallocation. |
| Official URL | http://www.econ.uzh.ch/static/wp/econwp031.pdf |
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| Keywords | Reduced-form auctions, network-flow approach, feasible circulation flow, paramodular capacity constraints, Auktion, Allokation, Netzplantechnik |