A strategy-proof multiunit double auction mechanism

Abstract
We envision a future economy where e-markets will play an essential role as exchange hubs for commodities and services. Because of their flexibility, we anticipate multi-unit double auctions (MDAs) to play an important role in future's e-markets. In this paper, we present a multi-unit double auction mechanism which is strategy-proof with respect to reservation price, weakly budget-balanced and individually rational.