Crowdsourced Bayesian auctions

We investigate the problem of optimal mechanism design, where an auctioneer wants to sell a set of goods to buyers, in order to maximize revenue. In a Bayesian setting the buyers' valuations for the goods are drawn from a prior distribution D, which is often assumed to be known by the seller. I...

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Bibliographic Details
Main Authors: Azar, Pablo Daniel, Chen, Jing, Micali, Silvio
Other Authors: Massachusetts Institute of Technology. Computer Science and Artificial Intelligence Laboratory
Format: Article
Language:en_US
Published: Association for Computing Machinery (ACM) 2012
Online Access:http://hdl.handle.net/1721.1/72693
https://orcid.org/0000-0001-9156-2428
https://orcid.org/0000-0002-0816-4064