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Solids: a combinatorial auction for real estate

(2014) INTERFACES. 44(4). p.351-363
Author
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Abstract
In May 2011, our collaboration with housing corporation Stadgenoot culminated in the first combinatorial auction for housing space in a newly erected multistory building in Amsterdam in the Netherlands. Our primary goal was to allocate space based on the preferences of many potential users. The resulting allocation included space for restaurants, boutiques, a dentist, and residential users. The auction we designed maximized total rent for Stadgenoot while complying with municipal and building regulations. We based our design on laboratory experiments that gave us guidance on choices regarding, for example, pricing, feedback, and activity rules. This paper describes the development and the results of this auction.
Keywords
ALGORITHM, WINNER DETERMINATION, DESIGN, allocation constraints, real estate, bidding, combinatorial auction, design

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Citation

Please use this url to cite or link to this publication:

MLA
Goossens, Dries, et al. “Solids: A Combinatorial Auction for Real Estate.” INTERFACES, vol. 44, no. 4, 2014, pp. 351–63, doi:10.1287/inte.2014.0749.
APA
Goossens, D., Onderstal, S., Pijnacker, J., & Spieksma, F. (2014). Solids: a combinatorial auction for real estate. INTERFACES, 44(4), 351–363. https://doi.org/10.1287/inte.2014.0749
Chicago author-date
Goossens, Dries, Sander Onderstal, Jan Pijnacker, and Frits Spieksma. 2014. “Solids: A Combinatorial Auction for Real Estate.” INTERFACES 44 (4): 351–63. https://doi.org/10.1287/inte.2014.0749.
Chicago author-date (all authors)
Goossens, Dries, Sander Onderstal, Jan Pijnacker, and Frits Spieksma. 2014. “Solids: A Combinatorial Auction for Real Estate.” INTERFACES 44 (4): 351–363. doi:10.1287/inte.2014.0749.
Vancouver
1.
Goossens D, Onderstal S, Pijnacker J, Spieksma F. Solids: a combinatorial auction for real estate. INTERFACES. 2014;44(4):351–63.
IEEE
[1]
D. Goossens, S. Onderstal, J. Pijnacker, and F. Spieksma, “Solids: a combinatorial auction for real estate,” INTERFACES, vol. 44, no. 4, pp. 351–363, 2014.
@article{5766063,
  abstract     = {{In May 2011, our collaboration with housing corporation Stadgenoot culminated in the first combinatorial auction for housing space in a newly erected multistory building in Amsterdam in the Netherlands. Our primary goal was to allocate space based on the preferences of many potential users. The resulting allocation included space for restaurants, boutiques, a dentist, and residential users. The auction we designed maximized total rent for Stadgenoot while complying with municipal and building regulations. We based our design on laboratory experiments that gave us guidance on choices regarding, for example, pricing, feedback, and activity rules. This paper describes the development and the results of this auction.}},
  author       = {{Goossens, Dries and Onderstal, Sander and Pijnacker, Jan and Spieksma, Frits}},
  issn         = {{0092-2102}},
  journal      = {{INTERFACES}},
  keywords     = {{ALGORITHM,WINNER DETERMINATION,DESIGN,allocation constraints,real estate,bidding,combinatorial auction,design}},
  language     = {{eng}},
  number       = {{4}},
  pages        = {{351--363}},
  title        = {{Solids: a combinatorial auction for real estate}},
  url          = {{http://doi.org/10.1287/inte.2014.0749}},
  volume       = {{44}},
  year         = {{2014}},
}

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