Start of Main Content
Author(s)

Peter Eso

Eric Maskin

We show that when multiple goods are sold, an extension of the Groves-Clarke mechansim (allowing the buyers to make their bids contingent on other buyers' valuations) is incentive-efficient in a class of cases when buyers have multi-dimensional types and there are common values.
Date Published: 2000
Citations: Eso, Peter, Eric Maskin. 2000. Multi-Good Efficient Auctions with Multi-Dimensional Information.