Multi-Unit Auctions with Synergy

In this note we examine four standard multi-unit sealed-bid auctions in the presence of synergy. The structure of the equilibrium bidding strategy under each rule is quite intuitive. Whether the equilibrium involves "bundle-bidding" or "separating-bidding" strategy depends on the presence of the "exposure problem" and the pressure of "demand reduction" in each case. When the bidders can implicitly coordinate to avoid the "exposure problem" and the pressure of "demand reduction," the equilibrium strategy can be calculated using parallels with unit-demand auctions. However, in the presence of the "exposure problem" well-behaved symmetric equilibria that can be characterized by the first-order condition of bidders' maximization problem may not exist in at least some situations.Multi-Unit Auction

Comparative Analysis of the Content of the Library Websites of the top Ten Indian Universities (as per NIRF ranking of the year 2021)

With the advent of ICT tools and techniques in library environment library website has served as a gateway to reach out to library system and services. The present study deals with analysis of the content of top ten NIRF ranked universities located within India as per the rank list published in the year 2021 by taking into account 58 criteria arranged in nine checklists. From the study it was found that all the university libraries taken under study have covered a whole range of information related to general information, library collection and E-resources possessed by them. Very few university libraries have included Information related to library sections and the volume and variety of information related to library services and value added services in the libraries is not satisfactory