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Auction Papers



Recent Highlights  NEW!

“An Efficient Dynamic Auction for Heterogeneous Commodities,” American Economic Review, Vol. 96, No. 3, pp. 602-629, June 2006.  (228 KB)

“An Efficient Ascending-Bid Auction for Multiple Objects,” American Economic Review, Vol. 94, No. 5, pp. 1452-1475, December 2004.  (196 KB)

“Ascending Auctions with Package Bidding” (with Paul Milgrom), Frontiers of Theoretical Economics: Vol. 1: No. 1, Article 1. http://www.bepress.com/bejte/frontiers/vol1/iss1/art1   (640 KB)

“Auctioning Many Divisible Goods” (with Peter Cramton), Journal of the European Economic Association, April-May 2004, Vol. 2, Nos. 2-3, pp. 480-493.  (151 KB)

The Lovely but Lonely Vickrey Auction (with Paul Milgrom), Chapter 1 in P. Cramton, Y. Shoham, and R. Steinberg (eds.), Combinatorial Auctions, MIT Press, 2006.  (220 KB)

Ascending Proxy Auctions (with Paul Milgrom), Chapter 3 in P. Cramton, Y. Shoham, and R. Steinberg (eds.), Combinatorial Auctions, MIT Press, 2006.  (215 KB)

The Clock-Proxy Auction: A Practical Combinatorial Auction Design,” (with Peter Cramton and Paul Milgrom), Chapter 5 in P. Cramton, Y. Shoham, and R. Steinberg (eds.), Combinatorial Auctions, MIT Press, 2006.  (114 KB)

“Demand Reduction and Inefficiency in Multi-Unit Auctions” (with Peter Cramton), revision, 12 July 2002.  (239 KB)

“Put Corruption Under the Hammer,” Financial Times Op-Ed, 20 December 2002.

 

Other Papers

“Implications of Auction Theory for New Issues Markets,” Brookings-Wharton Papers on Financial Services, 2002, pp. 313-343.  (124 KB)

“An Efficient Dynamic Auction for Heterogeneous Commodities,” (first draft circulated as “An Efficient Dynamic Auction II”), working paper, University of Maryland, 8 September 2000.  (192 KB)

“A Generalized Vickrey Auction,” Working Paper, Department of Economics, University of Maryland, September 1999.  (57 KB)

“The Ascending Auction Paradox” (with Jesse Schwartz), Working Paper, Department of Economics, University of Maryland, July 1999.  (121 KB)

“The Optimality of Being Efficient” (with Peter Cramton), Working Paper, Department of Economics, University of Maryland, June 1999.  (124 KB)

“Vickrey Auctions with Reserve Pricing” (with Peter Cramton), Working Paper, Department of Economics, University of Maryland, June 1999, forthcoming, Economic Theory.  (74 KB)

“Auctioning Securities” (with Peter Cramton), Working Paper, Department of Economics, University of Maryland, March 1998.  (53 KB)

“On Generalizing the English Auction,” Working Paper, Department of Economics, University of Maryland, December 1997.  (57 KB).  Superceded by “Ascending Auctions with Package Bidding” (with Paul Milgrom).

“Synergies in Wireless Telephony: Evidence from the Broadband PCS Auctions” (with Peter Cramton, R. Preston McAfee, and John McMillan),  Journal of Economics and Management Strategy, Vol. 6, No. 3, Fall 1997, pp. 497-527.  (892 KB)

“An Efficient Ascending-Bid Auction for Multiple Objects,” Working Paper No. 97-06, Department of Economics, University of Maryland, June 1997.  (207 KB)

“Demand Reduction and Inefficiency in Multi-Unit Auctions” (with Peter Cramton), Working Paper No. 96-07, Department of Economics, University of Maryland, July 1996.  (154 KB)

“An Efficient Ascending-Bid Auction for Dissimilar Objects,” Working Paper, Department of Economics, University of Maryland, January 1996.  (66 KB)

“Insider Trading in a Rational Expectations Economy,” American Economic Review, Vol. 80, No. 5, December 1990, pp. 1022-1041.


Patents

“System and Method for an Efficient Dynamic Multi-Unit Auction,” U.S. Patent Number 7,165,046, issued 16 January 2007.  (1,767 KB)

“System and Method for an Efficient Dynamic Multi-Unit Auction,” U.S. Patent Number 7,062,461, issued 13 June 2006.  (1,660 KB)

“System and Method for an Efficient Dynamic Auction for Multiple Objects,” U.S. Patent Number 6,026,383, issued 15 Feb 2000. (918 KB)

“Computer Implemented Methods and Apparatus for Auctions,” U.S. Patent Number 6,021,398, issued 1 Feb 2000, this file only contains the pages that differ from the 5,905,975 patent.  (433 KB)

“Computer Implemented Methods and Apparatus for Auctions,” U.S. Patent Number 5,905,975, issued 18 May 1999.  (709 KB)


© 2006 Lawrence M. Ausubel