Introduces and axiomatically characterizes endogenous shareholding auctions that distribute auction profits according to ownership shares determined during the auction in monopolistic production economies.
``Strategy-proof multi-object mechanism design: Ex-post revenue maximization with non-quasilinear preferences." Journal of Economic Theory 188, Article 105036
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Endogenous shareholding auctions
Introduces and axiomatically characterizes endogenous shareholding auctions that distribute auction profits according to ownership shares determined during the auction in monopolistic production economies.