Optimal auctions in a general model of identical goods (Q1611768): Difference between revisions

The author of the paper studies the optimal auction of identical goods in an asymmetric bidders setting. In contrast to other studies, the author allows for a much more general form of synergy and even negative synergy, where synergy is the difference between the utility of several objects together and the sum of each objects utility. The main restriction in his approach, besides identical goods, is independent bidders' signals.