In a dynamic market, being able to update one’s value based on information available to other bidders currently in the market can be critical to having profitable transactions. ...
We consider the problem of designing truthful auctions, when the bidders' valuations have a public and a private component. In particular, we consider combinatorial auctions w...
We introduce the following consensus estimate problem. Several processors hold private and possibly different lower bounds on a value. The processors do not communicate with each ...
—In this paper, we tackle the spectrum allocation problem in cognitive radio (CR) networks with time-frequency flexibility consideration using combinatorial auction. Different f...
We study a novel class of mechanism design problems in which the outcomes are constrained by the payments. This basic class of mechanism design problems captures many common econom...