: 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.
Bidders bid on an entire "lot" or package of goods as a single unit. bulk buy auctions
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 : The paper "Bundling Decisions for Selling Multiple
Multi-item auction where all winners pay the same price (usually the lowest successful bid). bulk buy auctions