Proving Incentive Compatibility in Multi-Attribute Auctions

Proving the incentive compatibility of an auction mechanism is always a hard but essential work in auction mechanism design. In this paper we discuss the strategy proofness of a multi-attribute auction mechanism using three different approaches: the analysis of the mechanism properties, a mathematic...

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Bibliographic Details
Authors: Pla Planas, Albert, López Ibáñez, Beatriz, Murillo Espinar, Javier
Format: report
Publication Date:2012
Country:España
Institution:Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya)
Repository:Recercat. Dipósit de la Recerca de Catalunya
OAI Identifier:oai:recercat.cat:10256/8026
Online Access:http://hdl.handle.net/10256/8026
Access Level:Open access
Keyword:Subhastes -- Models matemàtics
Auctions -- Mathematical models
Description
Summary:Proving the incentive compatibility of an auction mechanism is always a hard but essential work in auction mechanism design. In this paper we discuss the strategy proofness of a multi-attribute auction mechanism using three different approaches: the analysis of the mechanism properties, a mathematical analysis to determine if agents can take advantage of dishonest strategies and the use of simulations to study the behaviour of bidders