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ATAL
2006
Springer
14 years 2 months ago
Failures of the VCG mechanism in combinatorial auctions and exchanges
The VCG mechanism is the canonical method for motivating bidders in combinatorial auctions and exchanges to bid truthfully. We study two related problems concerning the VCG mechan...
Vincent Conitzer, Tuomas Sandholm
PODC
2004
ACM
14 years 4 months ago
On the expected payment of mechanisms for task allocation
We study a representative task allocation problem called shortest paths: Let G be a graph in which the edges are owned by self interested agents. The cost of each edge is privatel...
Artur Czumaj, Amir Ronen
SIGECOM
2009
ACM
91views ECommerce» more  SIGECOM 2009»
14 years 5 months ago
Destroy to save
We study the problem of how to allocate m identical items among n > m agents, assuming each agent desires exactly one item and has a private value for consuming the item. We as...
Geoffroy de Clippel, Victor Naroditskiy, Amy R. Gr...
SAGT
2009
Springer
118views Game Theory» more  SAGT 2009»
14 years 5 months ago
A Modular Approach to Roberts' Theorem
Roberts’ theorem from 1979 states that the only incentive compatible mechanisms over a full domain and range of at least 3 are weighted variants of the VCG mechanism termed affin...
Shahar Dobzinski, Noam Nisan