Short communication: DEA based auctions simulations
We numerically evaluate the Hybrid DEA  Second Score Auction. We quantify the improvement of Hybrid DEA over Second Score for a set of parameters. The improvement depends on the regularity of the underlying cost functions. It is small for VRS based Hybrid Auctions, while significant for CRS based auctions. We consider single and multi-dimensional settings.
second score auction hybrid auction multi-dimensional auctions data envelopment analysis yardstick competition