Bounding the inefficiency of outcomes in generalized second price auctions

The Generalized Second Price (GSP) auction is the primary auction used for monetizing the use of the Internet. It is well-known that truthtelling is not a dominant strategy in this auction and that inefficient equilibria can arise. Edelman et al. (2007) [11] and Varian (2007) [36] show that an effic...

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التفاصيل البيبلوغرافية
المؤلفون الرئيسيون: Caragiannis, I, Kaklamanis, C, Kanellopoulos, P, Kyropoulou, M, Lucier, B, Paes Leme, R, Tardos, É
التنسيق: Journal article
منشور في: Elsevier 2014