Mechanism Design with Approximate Valuations
In mechanism design, we replace the strong assumption that each player knows his own payoff type EXACTLY with the more realistic assumption that he knows it only APPROXIMATELY. Specifically, we study the classical problem of maximizing social welfare in single-good auctions when players know their t...
| Main Authors: | , , |
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2011
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| Online Access: | http://hdl.handle.net/1721.1/62296 |