A Simple Characterization for Truth-Revealing Single-Item Auctions

Abstract. We give a simple characterization of all single-item truthrevealing auctions under some mild (and natural) assumptions about the auctions. Our work opens up the possibility of using variational calculus to design auctions having desired properties.

• Type: Conference
• Year: 2005
• Where: WINE
• Authors: Kamal Jain, Aranyak Mehta, Kunal Talwar, Vijay V. Vazirani
• Keywords: Economy, Simple Characterization, Single-item Truthrevealing Auctions, WINE 2005