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In A+B procurement auctions the buyer's utility is linear and the bidders' utility is assumed to be quasi-linear. If this assumption is met, then a successful auction may conclude with an efficient winning bid which maximizes both the buyer's utility and social welfare. If this assumption is not met, then an auction is either efficient and maximizes social welfare or it maximizes the buyer's utility...
Set the date range to filter the displayed results. You can set a starting date, ending date or both. You can enter the dates manually or choose them from the calendar.