{"id":"https://openalex.org/W4285396337","doi":"https://doi.org/10.1145/3490486.3538262","title":"Core-Stability in Assignment Markets with Financially Constrained Buyers","display_name":"Core-Stability in Assignment Markets with Financially Constrained Buyers","publication_year":2022,"publication_date":"2022-07-12","ids":{"openalex":"https://openalex.org/W4285396337","doi":"https://doi.org/10.1145/3490486.3538262"},"language":"en","primary_location":{"id":"doi:10.1145/3490486.3538262","is_oa":false,"landing_page_url":"https://doi.org/10.1145/3490486.3538262","pdf_url":null,"source":{"id":"https://openalex.org/S4363608973","display_name":"Proceedings of the 23rd ACM Conference on Economics and Computation","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"conference"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Proceedings of the 23rd ACM Conference on Economics and Computation","raw_type":"proceedings-article"},"type":"conference-paper","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5021409182","display_name":"Eleni Batziou","orcid":"https://orcid.org/0000-0003-0577-3419"},"institutions":[{"id":"https://openalex.org/I62916508","display_name":"Technical University of Munich","ror":"https://ror.org/02kkvpp62","country_code":"DE","type":"education","lineage":["https://openalex.org/I62916508"]}],"countries":["DE"],"is_corresponding":false,"raw_author_name":"Eleni Batziou","raw_affiliation_strings":["Technical University of Munich, Munich, Germany"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Technical University of Munich, Munich, Germany","institution_ids":["https://openalex.org/I62916508"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5081991753","display_name":"Martin Bichler","orcid":"https://orcid.org/0000-0001-5491-2935"},"institutions":[{"id":"https://openalex.org/I62916508","display_name":"Technical University of Munich","ror":"https://ror.org/02kkvpp62","country_code":"DE","type":"education","lineage":["https://openalex.org/I62916508"]}],"countries":["DE"],"is_corresponding":false,"raw_author_name":"Martin Bichler","raw_affiliation_strings":["Technical University of Munich, Munich, Germany"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Technical University of Munich, Munich, Germany","institution_ids":["https://openalex.org/I62916508"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5047543869","display_name":"Maximilian Fichtl","orcid":"https://orcid.org/0000-0002-9033-210X"},"institutions":[{"id":"https://openalex.org/I62916508","display_name":"Technical University of Munich","ror":"https://ror.org/02kkvpp62","country_code":"DE","type":"education","lineage":["https://openalex.org/I62916508"]}],"countries":["DE"],"is_corresponding":false,"raw_author_name":"Maximilian Fichtl","raw_affiliation_strings":["Technical University of Munich, Munich, Germany"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Technical University of Munich, Munich, Germany","institution_ids":["https://openalex.org/I62916508"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I62916508"],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":{"value":0.10673783,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":"473","last_page":"474"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11182","display_name":"Auction Theory and Applications","score":0.9998999834060669,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11182","display_name":"Auction Theory and Applications","score":0.9998999834060669,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10991","display_name":"Game Theory and Voting Systems","score":0.9987000226974487,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12137","display_name":"Economic theories and models","score":0.9941999912261963,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/incentive-compatibility","display_name":"Incentive compatibility","score":0.8598299026489258},{"id":"https://openalex.org/keywords/core","display_name":"Core (optical fiber)","score":0.6172918677330017},{"id":"https://openalex.org/keywords/combinatorial-auction","display_name":"Combinatorial auction","score":0.6026285290718079},{"id":"https://openalex.org/keywords/verifiable-secret-sharing","display_name":"Verifiable secret sharing","score":0.5975014567375183},{"id":"https://openalex.org/keywords/incentive","display_name":"Incentive","score":0.5658316016197205},{"id":"https://openalex.org/keywords/budget-constraint","display_name":"Budget constraint","score":0.5466228127479553},{"id":"https://openalex.org/keywords/double-auction","display_name":"Double auction","score":0.4941079914569855},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.48418930172920227},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.4777221381664276},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.4700668752193451},{"id":"https://openalex.org/keywords/mathematical-economics","display_name":"Mathematical economics","score":0.4468895196914673},{"id":"https://openalex.org/keywords/unit","display_name":"Unit (ring theory)","score":0.43839961290359497},{"id":"https://openalex.org/keywords/simple","display_name":"Simple (philosophy)","score":0.42865797877311707},{"id":"https://openalex.org/keywords/vickrey\u2013clarke\u2013groves-auction","display_name":"Vickrey\u2013Clarke\u2013Groves auction","score":0.4284823536872864},{"id":"https://openalex.org/keywords/welfare","display_name":"Welfare","score":0.42727231979370117},{"id":"https://openalex.org/keywords/mechanism-design","display_name":"Mechanism design","score":0.4229919910430908},{"id":"https://openalex.org/keywords/mathematical-optimization","display_name":"Mathematical optimization","score":0.4088837802410126},{"id":"https://openalex.org/keywords/set","display_name":"Set (abstract data type)","score":0.40216532349586487},{"id":"https://openalex.org/keywords/common-value-auction","display_name":"Common value auction","score":0.18312153220176697},{"id":"https://openalex.org/keywords/auction-theory","display_name":"Auction theory","score":0.15369823575019836},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.13172143697738647}],"concepts":[{"id":"https://openalex.org/C91810955","wikidata":"https://www.wikidata.org/wiki/Q7731670","display_name":"Incentive compatibility","level":3,"score":0.8598299026489258},{"id":"https://openalex.org/C2164484","wikidata":"https://www.wikidata.org/wiki/Q5170150","display_name":"Core (optical fiber)","level":2,"score":0.6172918677330017},{"id":"https://openalex.org/C59919655","wikidata":"https://www.wikidata.org/wiki/Q5150821","display_name":"Combinatorial auction","level":3,"score":0.6026285290718079},{"id":"https://openalex.org/C85847156","wikidata":"https://www.wikidata.org/wiki/Q59015987","display_name":"Verifiable secret sharing","level":3,"score":0.5975014567375183},{"id":"https://openalex.org/C29122968","wikidata":"https://www.wikidata.org/wiki/Q1414816","display_name":"Incentive","level":2,"score":0.5658316016197205},{"id":"https://openalex.org/C8505890","wikidata":"https://www.wikidata.org/wiki/Q605095","display_name":"Budget constraint","level":2,"score":0.5466228127479553},{"id":"https://openalex.org/C2539976","wikidata":"https://www.wikidata.org/wiki/Q12163285","display_name":"Double auction","level":3,"score":0.4941079914569855},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.48418930172920227},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.4777221381664276},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4700668752193451},{"id":"https://openalex.org/C144237770","wikidata":"https://www.wikidata.org/wiki/Q747534","display_name":"Mathematical economics","level":1,"score":0.4468895196914673},{"id":"https://openalex.org/C122637931","wikidata":"https://www.wikidata.org/wiki/Q118084","display_name":"Unit (ring theory)","level":2,"score":0.43839961290359497},{"id":"https://openalex.org/C2780586882","wikidata":"https://www.wikidata.org/wiki/Q7520643","display_name":"Simple (philosophy)","level":2,"score":0.42865797877311707},{"id":"https://openalex.org/C147220207","wikidata":"https://www.wikidata.org/wiki/Q773073","display_name":"Vickrey\u2013Clarke\u2013Groves auction","level":4,"score":0.4284823536872864},{"id":"https://openalex.org/C100243477","wikidata":"https://www.wikidata.org/wiki/Q12002092","display_name":"Welfare","level":2,"score":0.42727231979370117},{"id":"https://openalex.org/C153517567","wikidata":"https://www.wikidata.org/wiki/Q26090","display_name":"Mechanism design","level":2,"score":0.4229919910430908},{"id":"https://openalex.org/C126255220","wikidata":"https://www.wikidata.org/wiki/Q141495","display_name":"Mathematical optimization","level":1,"score":0.4088837802410126},{"id":"https://openalex.org/C177264268","wikidata":"https://www.wikidata.org/wiki/Q1514741","display_name":"Set (abstract data type)","level":2,"score":0.40216532349586487},{"id":"https://openalex.org/C163239763","wikidata":"https://www.wikidata.org/wiki/Q5153637","display_name":"Common value auction","level":2,"score":0.18312153220176697},{"id":"https://openalex.org/C11276805","wikidata":"https://www.wikidata.org/wiki/Q771334","display_name":"Auction theory","level":3,"score":0.15369823575019836},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.13172143697738647},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0},{"id":"https://openalex.org/C199360897","wikidata":"https://www.wikidata.org/wiki/Q9143","display_name":"Programming language","level":1,"score":0.0},{"id":"https://openalex.org/C76155785","wikidata":"https://www.wikidata.org/wiki/Q418","display_name":"Telecommunications","level":1,"score":0.0},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.0},{"id":"https://openalex.org/C145420912","wikidata":"https://www.wikidata.org/wiki/Q853077","display_name":"Mathematics education","level":1,"score":0.0},{"id":"https://openalex.org/C111472728","wikidata":"https://www.wikidata.org/wiki/Q9471","display_name":"Epistemology","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1145/3490486.3538262","is_oa":false,"landing_page_url":"https://doi.org/10.1145/3490486.3538262","pdf_url":null,"source":{"id":"https://openalex.org/S4363608973","display_name":"Proceedings of the 23rd ACM Conference on Economics and Computation","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"conference"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Proceedings of the 23rd ACM Conference on Economics and Computation","raw_type":"proceedings-article"},{"id":"pmh:oai:mediatum.ub.tum.de:node/1692757","is_oa":false,"landing_page_url":"https://mediatum.ub.tum.de/1692757","pdf_url":null,"source":{"id":"https://openalex.org/S4306400453","display_name":"mediaTUM \u2013 the media and publications repository of the Technical University Munich (Technical University Munich)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I62916508","host_organization_name":"Technical University of Munich","host_organization_lineage":["https://openalex.org/I62916508"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"ConferencePaper"}],"best_oa_location":null,"sustainable_development_goals":[{"score":0.44999998807907104,"display_name":"Partnerships for the goals","id":"https://metadata.un.org/sdg/17"}],"awards":[{"id":"https://openalex.org/G4721147042","display_name":null,"funder_award_id":"Grant BI-1057/9-1","funder_id":"https://openalex.org/F4320320879","funder_display_name":"Deutsche Forschungsgemeinschaft"}],"funders":[{"id":"https://openalex.org/F4320320879","display_name":"Deutsche Forschungsgemeinschaft","ror":"https://ror.org/018mejw64"}],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":2,"referenced_works":["https://openalex.org/W1991892223","https://openalex.org/W3210312518"],"related_works":["https://openalex.org/W2290801980","https://openalex.org/W1867927193","https://openalex.org/W3123589650","https://openalex.org/W2707896188","https://openalex.org/W3123927169","https://openalex.org/W2362999972","https://openalex.org/W4292904748","https://openalex.org/W4237409403","https://openalex.org/W4280565119","https://openalex.org/W2807924882"],"abstract_inverted_index":{"We":[0,65,80],"study":[1],"markets":[2,165],"where":[3,139,199],"a":[4,18,34,89,107,204],"set":[5],"of":[6,136,188],"indivisible":[7],"items":[8],"is":[9,43,130],"sold":[10],"to":[11,17,61],"bidders":[12,140,177],"with":[13,98,166,174],"unit-demand":[14,59,176],"valuations,":[15],"subject":[16],"hard":[19],"budget":[20,48,200],"limit.":[21],"Without":[22],"financial":[23],"constraints":[24,201],"and":[25,42,45,77,94,97,109,123,127,144,170],"pure":[26],"quasilinear":[27],"bidders,":[28],"this":[29],"assignment":[30,156],"model":[31],"allows":[32],"for":[33,74,121,154,164],"simple":[35,175,189],"ascending":[36,51],"auction":[37,52,190],"format":[38],"that":[39,85,149,172],"maximizes":[40],"welfare":[41],"incentive-compatible":[44,76],"core-stable.":[46],"Introducing":[47],"constraints,":[49],"the":[50,58,134,150,155,178,186],"requires":[53],"strong":[54],"additional":[55],"conditions":[56,114],"on":[57,88,185],"preferences":[60],"maintain":[62],"its":[63],"properties.":[64],"show":[66],"that,":[67],"without":[68],"these":[69,113],"conditions,":[70],"we":[71,118,147],"cannot":[72,119],"hope":[73,120],"an":[75,82,103],"core-stable":[78,110,128],"mechanism.":[79],"design":[81],"iterative":[83],"algorithm":[84],"depends":[86],"solely":[87],"trivially":[90],"verifiable":[91],"ex-post":[92],"condition":[93],"demand":[95],"queries,":[96,138],"appropriate":[99],"decisions":[100],"made":[101],"by":[102],"auctioneer,":[104],"always":[105],"yields":[106],"welfare-maximizing":[108,125],"outcome.":[111],"If":[112],"do":[115],"not":[116],"hold,":[117],"incentive-compatibility":[122],"computing":[124],"assignments":[126],"prices":[129],"hard:":[131],"Even":[132],"in":[133,196],"presence":[135],"value":[137],"reveal":[141],"their":[142],"valuations":[143,169],"budgets":[145],"truthfully,":[146],"prove":[148],"problem":[151,179],"becomes":[152,180],"NP-complete":[153],"market":[157],"model.":[158],"The":[159],"analysis":[160],"complements":[161],"complexity":[162],"results":[163],"more":[167],"complex":[168],"shows":[171],"even":[173],"intractable.":[181],"This":[182],"raises":[183],"doubts":[184],"efficiency":[187],"designs":[191],"as":[192],"they":[193],"are":[194],"used":[195],"high-stakes":[197],"markets,":[198],"typically":[202],"play":[203],"role.":[205]},"counts_by_year":[],"updated_date":"2026-08-21T09:56:20.448147","created_date":"2025-10-10T00:00:00"}