This article provides a comprehensive survey of the literature on multiunit auctions with multiple homogeneous goods. Despite the importance of multiunit auctions, the research on these auctions attracted substantially less attention than single‐unit auctions. We start by providing a review of the theoretical literature on homogeneous good multiunit auctions where bidders have multiunit demands. The articles are categorized based on their models' assumptions regarding bidders' values and the type of auction. Furthermore, we review the empirical and experimental evidence related to these multiunit auctions to understand the relationship with the theoretical findings.

This article aims to provide a comprehensive survey of the theoretical research on multi-unit auctions to help identify the gap in this literature. Multi-unit auctions have been extensively used in practise and account for significant amount of transactions in some real-world markets. However, the theoretical research on these auctions has attract less attention compared to single unit auctions. The focus of this article is on those research that study multi-unit auctions for the sale of multiple units of homogeneous objects to potential buyers with more than one unit demand. The articles are categorized based on the assumptions of their models regarding bidders' values and the type of auction. Further the gap in this literature is identified with those areas that require further theoretical research.