Related papers: Product-Mix Auctions and Tropical Geometry
A fundamental problem in ecology is to understand how competition shapes biodiversity and species coexistence. Historically, one important approach for addressing this question has been to analyze consumer resource models using geometric…
The term "tropical convexity" was coined by Develin and Sturmfels who published a landmark paper with that title in 2004. However, the topic has much older roots and is deeply connected to linear and combinatorial optimization and other…
Matching markets play a prominent role in economic theory. A prime example of such a market is the sponsored search market. Here, as in other markets of that kind, market equilibria correspond to feasible, envy free, and bidder optimal…
We study algorithms for combinatorial market design problems, where a set of heterogeneous and indivisible objects are priced and sold to potential buyers subject to equilibrium constraints. Extending the CWE notion introduced by Feldman et…
Using duality theory techniques we derive simple, closed-form formulas for bounding the optimal revenue of a monopolist selling many heterogeneous goods, in the case where the buyer's valuations for the items come i.i.d. from a uniform…
One of the fundamental questions of Algorithmic Mechanism Design is whether there exists an inherent clash between truthfulness and computational tractability: in particular, whether polynomial-time truthful mechanisms for combinatorial…
We show that the mathematical structures in a recent work of Bultinck-Mariena-Williamson-Sahinoglu-Haegemana-Verstraete are the same as those of flat symmetric bi-unitary connections and the tube algebra in subfactor theory. More…
Generalizing a theorem of Macdonald, we show a formula for the mixed Hodge structure on the cohomology of the symmetric products of bounded complexes of mixed Hodge modules by showing the existence of the canonical action of the symmetric…
For the importance of differentiation theorems in metric spaces (starting with Pansu Rademacher type theorem in Carnot groups) and relations with rigidity of embeddings see the section 1.2 in Cheeger and Kleiner paper arXiv:math/0611954 and…
In this paper, we bring consumer theory to bear in the analysis of Fisher markets whose buyers have arbitrary continuous, concave, homogeneous (CCH) utility functions representing locally non-satiated preferences. The main tools we use are…
We study horizontal differentiation when the set of feasible products is a structured subset of the Lancasterian characteristics space. Modeling this set as a compact Riemannian manifold, we show that intrinsic geometry governs…
We study a combinatorial market design problem, where a collection of indivisible objects is to be priced and sold to potential buyers subject to equilibrium constraints.The classic solution concept for such problems is Walrasian…
We take a unifying and new approach toward polynomial and trigonometric approximation in an arbitrary number of variables, resulting in a precise and general ready-to-use tool that anyone can easily apply in new situations of interest. The…
We present an adequacy theorem for a concurrent extension of probabilistic GCL. The underlying denotational semantics is based on the so-called mixed powerdomains, which combine non-determinism with probabilistic behaviour. The theorem…
We study a repeated trading problem in which a mechanism designer facilitates trade between a single seller and multiple buyers. Our model generalizes the classic bilateral trade setting to a multi-buyer environment. Specifically, the…
We introduce a generalization of tropical polyhedra able to express both strict and non-strict inequalities. Such inequalities are handled by means of a semiring of germs (encoding infinitesimal perturbations). We develop a tropical…
We present a methodology for representing probabilistic relationships in a general-equilibrium economic model. Specifically, we define a precise mapping from a Bayesian network with binary nodes to a market price system where consumers and…
A major goal in Algorithmic Game Theory is to justify equilibrium concepts from an algorithmic and complexity perspective. One appealing approach is to identify natural distributed algorithms that converge quickly to an equilibrium. This…
A prevalent assumption in auction theory is that the auctioneer has full control over the market and that the allocation she dictates is final. In practice, however, agents might be able to resell acquired items in an aftermarket. A…
We revisit the linear Cournot model with uncertain demand that is studied in Lagerl\"of (2006)* and provide sufficient conditions for equilibrium uniqueness that complement the existing results. We show that if the distribution of the…