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CEEMAS
2007
Springer
14 years 1 months ago
Verifying Dominant Strategy Equilibria in Auctions
Future agent mediated eCommerce will involve open systems of agents interoperating between different institutions, where different auction protocols may be in use. We argue that i...
Emmanuel M. Tadjouddine, Frank Guerin
CORR
2010
Springer
128views Education» more  CORR 2010»
13 years 4 months ago
Optimal Auctions with Correlated Bidders are Easy
We consider the problem of designing a revenue-maximizing auction for a single item, when the values of the bidders are drawn from a correlated distribution. We observe that there...
Shahar Dobzinski, Hu Fu, Robert Kleinberg
SIGECOM
2009
ACM
132views ECommerce» more  SIGECOM 2009»
14 years 1 months ago
Limited and online supply and the bayesian foundations of prior-free mechanism design
We study auctions for selling a limited supply of a single commodity in the case where the supply is known in advance and the case it is unknown and must be instead allocated in a...
Nikhil R. Devanur, Jason D. Hartline
MANSCI
2010
113views more  MANSCI 2010»
13 years 5 months ago
Prediction Markets: Alternative Mechanisms for Complex Environments with Few Traders
Double auction prediction markets have proven successful in large-scale applications such as elections and sporting events. Consequently, several large corporations have adopted t...
Paul J. Healy, Sera Linardi, J. Richard Lowery, Jo...
ACMICEC
2006
ACM
157views ECommerce» more  ACMICEC 2006»
14 years 1 months ago
Adaptive mechanism design: a metalearning approach
Auction mechanism design has traditionally been a largely analytic process, relying on assumptions such as fully rational bidders. In practice, however, bidders often exhibit unkn...
David Pardoe, Peter Stone, Maytal Saar-Tsechansky,...