Improved Revenue Bounds for Posted-Price and Second-Price Mechanisms

<jats:p> How to optimize posted price mechanisms? </jats:p><jats:p> The sequential posted-price (SPP) mechanism is one of the widely used selling mechanisms in practice. In this mechanism, the seller presents each buyer with a price sequentially and the buyer can either accept or r...

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Bibliographic Details
Main Authors: Beyhaghi, Hedyeh, Golrezaei, Negin, Leme, Renato Paes, Pál, Martin, Sivan, Balasubramanian
Other Authors: Sloan School of Management
Format: Article
Language:English
Published: Institute for Operations Research and the Management Sciences (INFORMS) 2022
Online Access:https://hdl.handle.net/1721.1/144167