A helpful paper covering "bulk buy auctions"—often referred to in academic literature as or multi-unit auctions —is "Bidder's Strategy Under Group-Buying Auction on the Internet" .
: The research from ResearchGate analyzes bidding processes under the Independent Private Values (IPV) model. It proves that the optimal strategy for a bidder is generally to bid their true perceived value, regardless of when they join the auction.
This paper is particularly insightful because it defines the "group-buying auction" as a dynamic pricing mechanism where bidders form a collective to secure volume discounts: the more people who bid, the lower the final price becomes for everyone in the group. Key Papers & Concepts bulk buy auctions
Bidder's strategy under group-buying auction on the Internet
: This is a specific type of "bulk" auction where multiple identical items are sold. Bidders submit bids for both a price and a quantity, and winners pay the exact amount they bid. Summary of Bulk Auction Types Auction Type Description Group-Buying This paper is particularly insightful because it defines
Multi-item auction where winners pay their individual bid prices for their chosen quantity.
Bidders bid on an entire "lot" or package of goods as a single unit. Summary of Bulk Auction Types Auction Type Description
: The paper "Bundling Decisions for Selling Multiple Items in Online Auctions" explores how sellers decide whether to auction items individually or as a "bulk" bundle. It highlights that bundling is most profitable when the items are highly complementary.