3 ms·
A Vickrey auction is much more interesting (and complex) when there are dozens of bidders, each with their own budget, and multiple products. Then the solution
by bluedevil2k 10y ago
A Vickrey auction is much more interesting (and complex) when there are dozens of bidders, each with their own budget, and multiple products. Then the solution turns into a profit maximization algorithm, with the highest bidder not necessarily winning each item.