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» Maximizing Revenue in Sequential Auctions
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ICDCS
2012
IEEE
11 years 10 months ago
Towards Optimal Capacity Segmentation with Hybrid Cloud Pricing
—Cloud resources are usually priced in multiple markets with different service guarantees. For example, Amazon EC2 prices virtual instances under three pricing schemes — the su...
Wei Wang, Baochun Li, Ben Liang
WINE
2009
Springer
128views Economy» more  WINE 2009»
14 years 2 months ago
Sequential Bidding in the Bailey-Cavallo Mechanism
Abstract. We are interested in mechanisms that maximize social welfare. In [2] this problem was studied for multi-unit auctions and for public project problems, and in each case so...
Krzysztof R. Apt, Evangelos Markakis
MOBIHOC
2009
ACM
14 years 8 months ago
Spectrum auction framework for access allocation in cognitive radio networks
Cognitive radio networks are emerging as a promising technology for the efficient use of radio spectrum. In these networks, there are two categories of networks on different chann...
Gaurav S. Kasbekar, Saswati Sarkar
ECAI
2010
Springer
13 years 8 months ago
Addressing the Exposure Problem of Bidding Agents Using Flexibly Priced Options
Abstract. In this paper we introduce a new option pricing mechanism for reducing the exposure problem encountered by bidding agents with complementary valuations when participating...
Valentin Robu, Ioannis A. Vetsikas, Enrico H. Gerd...
CORR
2010
Springer
189views Education» more  CORR 2010»
13 years 7 months ago
An Optimal Dynamic Mechanism for Multi-Armed Bandit Processes
We consider the problem of revenue-optimal dynamic mechanism design in settings where agents' types evolve over time as a function of their (both public and private) experien...
Sham M. Kakade, Ilan Lobel, Hamid Nazerzadeh