NDLI: Can priced options solve the exposure problem in sequential auctions?

Content Provider	ACM Digital Library
Author	Mous, Lonneke Robu, Valentin La Poutré, Han
Abstract	The exposure problem appears whenever an agent with complementary valuations bids to acquire a bundle of items sold sequentially, in independent auctions. In this letter, we review a possible solution that can help solve this problem, which involves selling options for the items, instead of the items themselves. We provide a brief overview of the state of the art in this field and discuss, based on recent results presented in [Mous et. al. 2008], under which conditions using option mechanisms would be desirable for both buyers and sellers, by comparison to direct auctioning of the items. The paper concludes with a brief discussion of further research directions in this field.
Starting Page	1
Ending Page	4
Page Count	4
File Format	PDF
ISSN	15519031
DOI	10.1145/1399589.1399598
Journal	ACM SIGecom Exchanges (SECO)
Volume Number	7
Issue Number	2
Language	English
Publisher	Association for Computing Machinery (ACM)
Publisher Date	2003-03-01
Publisher Place	New York
Access Restriction	One Nation One Subscription (ONOS)
Subject Keyword	Options Exposure problem Sequential auctions
Content Type	Text
Resource Type	Article

Sl.	Authority	Responsibilities	Communication Details
1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
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9	IDR Setup or Support	Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops	idr@ndl.gov.in

Can priced options solve the exposure problem in sequential auctions?