A Study on Multi-round Combinatorial Double Auction Bargaining Mechanism
多回合组合双向拍卖交易机制研究

Based on the analysis of combinatorial double auction, this paper establishes the related mathematical model and respectively studies single-round bargaining mechanism and a multi-round bargaining mechanism. The paper proves that multi-round combinatorial double auction will improves the social welfare and provides a foundation for future research on market efficiency, competition balance bidding strategy and simulative experiment by computer.