Re:Johann Wolfgang von Goethe, Amateur Auction Theorist
by bluedevil2k on Friday June 03, 2016 @08:22AM
(#11829863)
A Vickrey auction is much more interesting (and complex) when there are dozens of bidders, each with their own budget, and multiple products. Then the solution turns into a profit maximization algorithm, with the highest bidder not necessarily winning each item.
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