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» Computationally feasible VCG mechanisms
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AAAI
2004
13 years 8 months ago
Methods for Boosting Revenue in Combinatorial Auctions
We study the recognized open problem of designing revenuemaximizing combinatorial auctions. It is unsolved even for two bidders and two items for sale. Rather than pursuing the pu...
Anton Likhodedov, Tuomas Sandholm
APPROX
2004
Springer
113views Algorithms» more  APPROX 2004»
14 years 26 days ago
Computationally-Feasible Truthful Auctions for Convex Bundles
In many economic settings, convex figures on the plane are for sale. For example, one might want to sell advertising space on a newspaper page. Selfish agents must be motivated ...
Moshe Babaioff, Liad Blumrosen
FOCS
2005
IEEE
14 years 1 months ago
Truthful and Near-Optimal Mechanism Design via Linear Programming
We give a general technique to obtain approximation mechanisms that are truthful in expectation. We show that for packing domains, any α-approximation algorithm that also bounds ...
Ron Lavi, Chaitanya Swamy
SIGECOM
2010
ACM
164views ECommerce» more  SIGECOM 2010»
14 years 8 days ago
Truthful mechanisms with implicit payment computation
It is widely believed that computing payments needed to induce truthful bidding is somehow harder than simply computing the allocation. We show that the opposite is true for singl...
Moshe Babaioff, Robert D. Kleinberg, Aleksandrs Sl...
SIGECOM
2005
ACM
106views ECommerce» more  SIGECOM 2005»
14 years 1 months ago
On decentralized incentive compatible mechanisms
Algorithmic Mechanism Design focuses on Dominant Strategy Implementations. The main positive results are the celebrated Vickrey-Clarke-Groves (VCG) mechanisms and computationally ...
Ahuva Mu'alem