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May 5-7, 2000

Combinatorial Bidding Conference

 
 
Thursday, May 4, 2000
TimeEvent
4:00 p.m. Check In
7:00 p.m.Dinner
Friday, May 5, 2000
TimeEvent
7:30 - 8:15Breakfast
8:15 - 8:30Opening
8:30 - 10:00Brief History of Combinatorial Auction Mechanisms: Theory and Practice
John Ledyard
Brief History of Combinatorial Auction Mechanisms: Theory and Practice (pdf)
Discussant(s): Ron Harstad, Michael Rothkopf
10:00 - 10:30Break
10:30 - 12:00The Need for Combinatorial Bidding for Spectrum
Peter Cramton and John Williams
The Need for Combinatorial Bidding for Spectrum: The Case of the 700 MHz Band (Auctioning Encumbered Spectrum) (pdf)
Discussant(s): Thomas Hazlett, Greg Rosston, David Salant
12:00 - 1:30Lunch - Keynote speech
Tom Sugrue, Chief of the Wireless Bureau
1:30 - 3:00CRA Reports to the FCC on Package Bidding and Subsequent Developments in Combinatorial Auction Design
Paul Milgrom
CRA Reports to the FCC on Package Bidding and Subsequent Developments in Combinatorial Auction Design (pdf)
Discussant(s): Larry Ausubel, John Riley, Robert Weber
3:00 - 3:30Break
3:30 - 5:00A General Combinatorial Auction Procedure
Richard Steinberg
A General Combinatorial Auction Procedure (pdf)
Richard Steinberg
A General Combinatorial Auction Procedure (pdf)
Discussant(s): Jeremy Bulow, Ian Gale
6:00 - 7:00Reception
7:00 - 9:00Dinner
Saturday, May 6, 2000
TimeEvent
7:30 - 8:30Breakfast
8:30 - 10:00CRA/FCC Combinatorial Auction Mechanism
Charles Plott
CRA/FCC Combinatorial Auction Mechanism (pdf)
Discussant(s): Barry Nalebuff, Tim Salmon, Daniel Vincent
10:00 - 10:30Break
10:30 - 12:00Auction Experiment Demonstration With Conference Participants Bidding
Organizers: David Porter and Stephen Rassenti
12:00 - 1:30Lunch
1:30 - 3:00CRA Combinatorial Mechanism v. SMR Mechanism: Test Results
Vernon Smith, Jeffrey Banks, David Porter and Stephen Rassenti
Discussant(s): Dan Levin, Robert Rosenthal
3:00 - 3:30Break
3:30 - 5:00What Has Been Learned From Auction Experiments?
Vernon Smith, Jeffrey Banks, David Porter and Stephen Rassenti
Discussant(s): Charles Kahn, David Lucking-Reiley
6:00 - 7:00Reception
7:00 -9:00Dinner
Sunday, May 7, 2000
TimeEvent
7:30 - 8:30Breakfast
8:30 - 10:00Panel Discussion: Refining Combinatorial Auction Design
Paul R. Milgrom
Panel Discussion: Refining Combinatorial Auction Design: activity rule, minimum acceptable bids, treatment of "old bids", subset and superset restrictions, restrictions on number or composition of packages, computation feasibility (pdf)
Discussant(s): John Ledyard, Paul Milgrom , Charles Plott, Tim Salmon, and Yoav Shoham
10:00 - 10:30Break
10:30 - 12:00Panel Discussion: What is the Best Feasible Combinatorial Mechanism and When Should It Be Used?
Moderator: Evan Kwerel
Discussant(s): John Ledyard, Paul Milgrom, Charles Plott, and Vernon Smith
12:00 - 12:15Closing
12:15 - 1:30 Lunch
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Last reviewed/updated on
10/19/2004