K. Zachariadis

Large-Market Discipline in Combinatorial Double Auctions: No Assembly, Bundle Selection, and Complementarities

We study double auctions for markets in which goods are valuable in bundles, such as data, model weights, and fine-tuned AI assets. A key friction in such markets is No Assembly: a platform may be unable, for legal or technical reasons, to combine components supplied by different sellers into a single bundle. We formul...