Pricing multi-unit markets
We study the power and limitations of posted prices in multi-unit markets, where agents arrive sequentially in an arbitrary order. We prove upper and lower bounds on the largest fraction of the optimal social welfare that can be guaranteed with posted prices, under a range of assumptions about the d...
Main Authors: | , , , |
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Format: | Conference item |
Language: | English |
Published: |
Springer
2018
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