The Better Half of Selling Separately
Computer Science and Game Theory
2022-09-23 v2 Theoretical Economics
Abstract
Separate selling of two independent goods is shown to yield at least 62% of the optimal revenue, and at least 73% when the goods satisfy the Myerson regularity condition. This improves the 50% result of Hart and Nisan (2017, originally circulated in 2012).
Cite
@article{arxiv.1712.08973,
title = {The Better Half of Selling Separately},
author = {Sergiu Hart and Philip J. Reny},
journal= {arXiv preprint arXiv:1712.08973},
year = {2022}
}