Revolutionizing Online Auctions: Simplifying Multi-unit Sales for Sellers and Buyers!
Online multi-unit auctions are becoming more popular, but designing them is harder than single-unit auctions. The research shows that when items are different or bidders want multiple items, new challenges like market power and complexity arise. To make these auctions work well, bidders need to state their preferences for all possible combinations of items for sale. This can be too complicated, especially with many items.