Combinatorial Auctions

Combinatorial Auctions
Note:######### COME COSTRUIRE UNA CITTÀ DA ZERO CON LE ASTE.ES. IDEARE 10 CITTÀ DIVERSE CIASCUNA CON 100 SPAZI DIFFERENTI. OGNUNO OFFRE. VINCE LA CITTÀ CHE CREA PIÙ VALORE. PARTECIPANO LE IMMOBILARI. IERI: COSTRUTTORI/POLITICA. OGGI: COSTRUTTORI/IMMOBILIARI

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we say that competitive markets that trade commodities are often efficient in the absence of externalities.
Note:OGGI CI AFFIDIAMO ALLA COMPETIZIONE

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In cities today, the pricing and allocation of central utilities, as well as limits on land use to mitigate external effects,
Note:MA... BENI PUBBLICI E MONOPOLI NATURALI

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allows coordination that deals with complexity,
Note:SCOPO DELLA CENTRALIZZAZIONE

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“Combinatorial auctions” and related mechanisms are recently developed decentralized processes
Note:L ALTERNATIVA

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each participant makes several offers regarding the packages of goods
Note:OFFERTA

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auction mechanism searches for and approves a total set of offers to accept where it estimates a nearly maximum social surplus.
Note:FUNZIONE ASTA

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large offer sets,

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bids that say how each bidder’s value depends on who else uses what other resources and how.
Note:VERSIONI PIÙ COMPLESSE

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a more complex electricity auction could include bids to make new power plants or transmission lines.
Note:ALTRA VERSIONE PIÙ COMPLESSA

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Instead of having a separate auction process for each of these utilities,
Note:GOVERNI ALL ASTA

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bids need to specify more details on how participant value declines as package features become less ideal than requested,
GOVERNARE LE VARIAZIONI########