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系统工程理论与实践 2006
Optimal Auction Mechanism for Complements
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Abstract:
This paper studies the optimal auction mechanism for complements.Based on the design idea of single-object auction of Myerson,this paper builds the model of designing auction mechanism for complements and by solving the model gains the optimal auction mechanism only for the case of two objects.Then,a simple numerical example is given to show the application of this mechanism in auction.Further,the optimal auction mechanism is compared with several familiar auction mechanisms.The results show that the expected income of the seller is highest and the resource allocation is also most efficient in the optimal auction mechanism.