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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Format: | Article |
Language: | en_US |
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MDPI AG/© Jing Chen, & Silvio Micali
2022
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Online Access: | https://doi.org/10.3390/g7040032 https://hdl.handle.net/1721.1/141703 |