Introduces and axiomatically characterizes endogenous shareholding auctions that distribute auction profits according to ownership shares determined during the auction in monopolistic production economies.
``Strategy-proof mechanism design with non-quasi-linear preferences: ex-post revenue maximization for an arbitrary number of objects." Social Choice and Welfare 60, 103-120
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Endogenous shareholding auctions
Introduces and axiomatically characterizes endogenous shareholding auctions that distribute auction profits according to ownership shares determined during the auction in monopolistic production economies.