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Comment on "Multi-Object Auctions: Sequential vs. Simultaneous Sales"

Author

Listed:
  • Michael H. Rothkopf

    (Energy Analysis Program, Lawrence Berkeley Laboratory, Berkeley, California 94720)

  • Elmer Dougherty

    (University of Southern California, Los Angeles, California 90007)

  • Marshall Rose

    (Minerals Management Service, Department of the Interior, Reston, Virginia 22901)

Abstract

The purpose of this brief comment is to provide some empirical data to support the relevance of the theoretical arguments put forward in Donald Hausch's paper (Hausch, Donald B. 1986. Multi-object auctions: sequential vs. simultaneous sales. Management Sci. 32.). There are two different kinds of evidence. One is the results of a small "natural experiment" that occurred in 1965. The other is the first-hand report by one of us of the considerations taken into account in the design of outer continental shelf (OCS) oil auctions.

Suggested Citation

  • Michael H. Rothkopf & Elmer Dougherty & Marshall Rose, 1986. "Comment on "Multi-Object Auctions: Sequential vs. Simultaneous Sales"," Management Science, INFORMS, vol. 32(12), pages 1611-1612, December.
    • Handle: RePEc:inm:ormnsc:v:32:y:1986:i:12:p:1611-1612
    DOI: 10.1287/mnsc.32.12.1611
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    Cited by:

    1. J. Teich & H. Wallenius & J. Wallenius, 1998. "Multiple Issue Action and Market Algorithms for the World Wide Web," Working Papers ir98109, International Institute for Applied Systems Analysis.
    2. Michael H. Rothkopf & Sunju Park, 2001. "An Elementary Introduction to Auctions," Interfaces, INFORMS, vol. 31(6), pages 83-97, December.

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