Does Information Revelation Improve Revenue?

We study the problem of optimal auction design in a valuation model, explicitly motivated by online ad auctions, in which there is two-way informational asymmetry, in the sense that private information is available to both the seller (the item type) and the bidders (their type), and the value of eac...

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Bibliographic Details
Main Authors: Daskalakis, Konstantinos, Papadimitriou, Christos H, Tzamos, Christos
Other Authors: Massachusetts Institute of Technology. Computer Science and Artificial Intelligence Laboratory
Format: Article
Language:en_US
Published: Association for Computing Machinery 2017
Online Access:http://hdl.handle.net/1721.1/110837
https://orcid.org/0000-0002-5451-0490
https://orcid.org/0000-0002-7560-5069