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WINE
2010
Springer
153views Economy» more  WINE 2010»
13 years 5 months ago
Approximation Schemes for Sequential Posted Pricing in Multi-unit Auctions
We design algorithms for computing approximately revenue-maximizing sequential postedpricing mechanisms (SPM) in K-unit auctions, in a standard Bayesian model. A seller has K copi...
Tanmoy Chakraborty, Eyal Even-Dar, Sudipto Guha, Y...
STOC
2010
ACM
194views Algorithms» more  STOC 2010»
14 years 8 days ago
Multi-parameter mechanism design and sequential posted pricing
We study the classic mathematical economics problem of Bayesian optimal mechanism design where a principal aims to optimize expected revenue when allocating resources to self-inte...
Shuchi Chawla, Jason Hartline, David Malec and Bal...