Simultaneous auctions are (almost) efficient
From MaRDI portal
Publication:5495790
DOI10.1145/2488608.2488634zbMath1293.91081arXiv1209.4703OpenAlexW1976086105MaRDI QIDQ5495790
Brendan Lucier, Hu Fu, Michal Feldman, N. V. Gravin
Publication date: 7 August 2014
Published in: Proceedings of the forty-fifth annual ACM symposium on Theory of Computing (Search for Journal in Brave)
Full work available at URL: https://arxiv.org/abs/1209.4703
Special types of economic equilibria (91B52) Auctions, bargaining, bidding and selling, and other market models (91B26)
Related Items (31)
On the Efficiency of the Proportional Allocation Mechanism for Divisible Resources ⋮ Principal-agent VCG contracts ⋮ On the Efficiency of All-Pay Mechanisms ⋮ Computing Stable Coalitions: Approximation Algorithms for Reward Sharing ⋮ Learning in auctions: regret is hard, envy is easy ⋮ Best-response dynamics in combinatorial auctions with item bidding ⋮ Limits of Efficiency in Sequential Auctions ⋮ Fair allocation of indivisible goods: beyond additive valuations ⋮ Pricing multi-unit markets ⋮ Prophet inequalities vs. approximating optimum online ⋮ Correlated and Coarse Equilibria of Single-Item Auctions ⋮ Smoothness for Simultaneous Composition of Mechanisms with Admission ⋮ Simultaneous 2nd price item auctions with no-underbidding ⋮ Uniform price auctions: equilibria and efficiency ⋮ Optimal Mechanism Design for Agents with DSL Strategies: The Case of Sybil Attacks in Combinatorial Auctions ⋮ Prophet Inequalities Made Easy: Stochastic Optimization by Pricing Nonstochastic Inputs ⋮ Welfare guarantees for proportional allocations ⋮ On the efficiency of the proportional allocation mechanism for divisible resources ⋮ On the efficiency of all-pay mechanisms ⋮ Self-confirming price-prediction strategies for simultaneous one-shot auctions ⋮ Item bidding for combinatorial public projects ⋮ Tight welfare guarantees for pure Nash equilibria of the uniform price auction ⋮ Equilibria of Greedy Combinatorial Auctions ⋮ Simple combinatorial auctions with budget constraints ⋮ Economic efficiency requires interaction ⋮ Risk-free bidding in complement-free combinatorial auctions ⋮ Worst-Case Mechanism Design via Bayesian Analysis ⋮ Game efficiency through linear programming duality ⋮ Item Pricing for Combinatorial Public Projects ⋮ A Simple and Approximately Optimal Mechanism for a Buyer with Complements ⋮ An $O(\log \log m)$ Prophet Inequality for Subadditive Combinatorial Auctions
This page was built for publication: Simultaneous auctions are (almost) efficient