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...

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Bibliographic Details
Main Authors: Chen, Jing, Micali, Silvio
Other Authors: Massachusetts Institute of Technology. Computer Science and Artificial Intelligence Laboratory
Format: Article
Language:en_US
Published: MDPI AG 2017
Online Access:http://hdl.handle.net/1721.1/108197
https://orcid.org/0000-0002-0816-4064