Leveraging Possibilistic Beliefs in Unrestricted Combinatorial Auctions
In unrestricted combinatorial auctions, we put forward a mechanism that guarantees a meaningful revenue benchmark based on the possibilistic beliefs that the players have about each other’s valuations. In essence, the mechanism guarantees, within a factor of two, the maximum revenue that the “best i...
Main Authors: | , |
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Other Authors: | |
Format: | Article |
Language: | en_US |
Published: |
MDPI AG
2017
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Online Access: | http://hdl.handle.net/1721.1/108197 https://orcid.org/0000-0002-0816-4064 |