Generalizes optimal auction mechanism to finite agents with piecewise linear costs and externalities, providing an algorithm for the principal allocation problem as a benchmark for practical mechanisms.
Cho, Competitive Equilibrium in a Radial Network, The RAND Journal of Economics 34 (3) (2003) 438
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Optimal auctions for networked markets with externalities
Generalizes optimal auction mechanism to finite agents with piecewise linear costs and externalities, providing an algorithm for the principal allocation problem as a benchmark for practical mechanisms.