


Can a second-price auction be used for multiple items simultaneously?
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Find similar items here:
what is a second price auction
- What are the advantages and disadvantages of using auctions versus other methods like rationing or queuing?
- How does the number of bidders affect the outcome of a second-price auction?
- Can a second-price auction be used to internalize externalities?
- What are the challenges of using auctions for incentive design?
- What are the specific design challenges of auctioning off radio spectrum?
- How does the second-price auction relate to auctions in finance (e.g., treasury auctions)?
- How is the winner determined in case of tied bids in a second-price auction?
- What are the goals of mechanism design, and how does the second-price auction achieve some of these goals?
- What are the challenges of designing dynamic auction mechanisms?
- What mechanisms can be used to provide quality assurance in an auction setting?
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