Combinatorial auctions are mechanisms in which participants bid on combinations of items rather than on individual items. This format is particularly well suited to scenarios where the value of ...

Combinatorial auctions have emerged as a pivotal mechanism in transportation logistics, enabling shippers to solicit bids on combinations of services rather than individual lanes or shipments. This ...

You may have heard the news that two American economists – Paul Milgrom and Robert Wilson – recently won the 2020 Nobel Prize in Economic Sciences "for improvements to auction theory and inventions of ...

Earlier this month, I attended the Spectrum Management Forum 2012 in Munich and was interested to hear several presenters criticise the Combinatorial Clock Auction (CCA) format. The CCA format which ...

Combinatorial auctions have been proved to be efficient market mechanisms for the procurement of transportation services. This success is mostly due to the economy of scope characterizing transport ...