Optimal Multi-Dimensional Auctions: Conjectures and Simulations
Theoretical Economics
2022-07-06 v1 Computer Science and Game Theory
Abstract
We explore the properties of optimal multi-dimensional auctions in a model where a single object of multiple qualities is sold to several buyers. Using simulations, we test some hypotheses conjectured by Belloni et al. [3] and Kushnir and Shourideh [7]. As part of this work, we provide the first open-source library for multi-dimensional auction simulations written in Python.
Cite
@article{arxiv.2207.01664,
title = {Optimal Multi-Dimensional Auctions: Conjectures and Simulations},
author = {Alexey Kushnir and James Michelson},
journal= {arXiv preprint arXiv:2207.01664},
year = {2022}
}
Comments
10 pages, 4 figures