| Budget Amount *help |
¥2,730,000 (Direct Cost: ¥2,100,000、Indirect Cost: ¥630,000)
Fiscal Year 2012: ¥1,300,000 (Direct Cost: ¥1,000,000、Indirect Cost: ¥300,000)
Fiscal Year 2011: ¥1,430,000 (Direct Cost: ¥1,100,000、Indirect Cost: ¥330,000)
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| Research Abstract |
I study auctions of multiple objects and multiple units, and investigate bidders’ incentive and equilibrium allocations in them. ``Combinatorial auctions’’ are those auctions in which bidders submit bids not only for individual objects but for combinations (or packages) of objects. In this research, I characterized a class of combinatorial auctions in which a particular strategy profile forms a Nash equilibrium. In addition, I derived an equilibrium in an ascending-price auction that has recently been used in some applications.
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