In economics, gross substitutes (GS) is a class of utility functions on indivisible goods. An agent is said to have a GS valuation if, whenever the prices...

includes both substitute goods and independent goods, and only rules out complementary goods. See Gross substitutes (indivisible items). Polterovich,...

with indivisible goods, discrete items that can be traded only as a whole. For example, in combinatorial auctions there is a finite set of items, and...

auction. B. Substitutes: A car and a horse are sold in an auction. Alice only cares about transportation, so for her these are perfect substitutes: she gets...

of items, and the goal is to determine what bid or bids should win, such that the sum of the winning bids is maximum. There is a set M of m items, and...

RM too. The special case in which all items are identical and each agent's utility is simply the number of items he receives is known as apportionment...

several items are sold, one after the other, to the same group of potential buyers. In a sequential first-price auction (SAFP), each individual item is sold...

measure such growth as the percent rate of increase in the real and nominal gross domestic product (GDP). Growth is usually calculated in real terms – i.e...

remaining West Bank. Consistent with its policy of Jerusalem as a united and indivisible capital of Israel, Israel does not publish exact figures of the number...

because of scarcity, and because a scarce resource such as a liver is "indivisible". Emanuel said that McCaughey took words out of context, omitting qualifiers...