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This paper studies mechanism design for auctions with externalities on budgets, a novel setting where the budgets that bidders commit are adjusted due to the externality of the competitors' allocation outcomes-a departure from traditional…

计算机科学与博弈论 · 计算机科学 2025-04-22 Yusen Zheng , Yukun Cheng , Chenyang Xu , Xiaotie Deng

We study the problem of a budget limited buyer who wants to buy a set of items, each from a different seller, to maximize her value. The budget feasible mechanism design problem aims to design a mechanism which incentivizes the sellers to…

计算机科学与博弈论 · 计算机科学 2017-04-03 Pooya Jalaly , Eva Tardos

In markets such as digital advertising auctions, bidders want to maximize value rather than payoff. This is different to the utility functions typically assumed in auction theory and leads to different strategies and outcomes. We refer to…

计算机科学与博弈论 · 计算机科学 2016-07-14 Salman Fadaei , Martin Bichler

We study combinatorial auctions with interdependent valuations. In such settings, each agent $i$ has a private signal $s_i$ that captures her private information, and the valuation function of every agent depends on the entire signal…

计算机科学与博弈论 · 计算机科学 2019-06-04 Alon Eden , Michal Feldman , Amos Fiat , Kira Goldner , Anna R. Karlin

This study explores the monotonicity of adaptive clinching auctions -- a key mechanism in budget-constrained auctions -- with respect to fluctuations in the number of bidders. Specifically, we investigate how the addition of new bidders…

计算机科学与博弈论 · 计算机科学 2025-02-11 Ryosuke Sato

Budget feasible mechanism considers algorithmic mechanism design questions where there is a budget constraint on the total payment of the mechanism. An important question in the field is that under which valuation domains there exist budget…

计算机科学与博弈论 · 计算机科学 2012-03-23 Xiaohui Bei , Ning Chen , Nick Gravin , Pinyan Lu

We study mechanism design problems in the {\em ordinal setting} wherein the preferences of agents are described by orderings over outcomes, as opposed to specific numerical values associated with them. This setting is relevant when agents…

计算机科学与博弈论 · 计算机科学 2014-03-11 Deeparnab Chakrabarty , Chaitanya Swamy

We study the mechanism design problem of selling $k$ items to unit-demand buyers with private valuations for the items. A buyer either participates directly in the auction or is represented by an intermediary, who represents a subset of…

计算机科学与博弈论 · 计算机科学 2021-11-23 Gagan Aggarwal , Kshipra Bhawalkar , Guru Guruganesh , Andres Perlroth

We study revenue maximization in multi-item auctions, where bidders have subadditive valuations over independent items. Providing a simple mechanism that is approximately revenue-optimal in this setting is a major open problem in mechanism…

计算机科学与博弈论 · 计算机科学 2023-10-13 Yang Cai , Ziyun Chen , Jinzhao Wu

We study anonymous posted price mechanisms for combinatorial auctions in a Bayesian framework. In a posted price mechanism, item prices are posted, then the consumers approach the seller sequentially in an arbitrary order, each purchasing…

计算机科学与博弈论 · 计算机科学 2014-11-19 Michal Feldman , Nick Gravin , Brendan Lucier

In most of microeconomic theory, consumers are assumed to exhibit decreasing marginal utilities. This paper considers combinatorial auctions among such submodular buyers. The valuations of such buyers are placed within a hierarchy of…

计算机科学与博弈论 · 计算机科学 2007-05-23 Benny Lehmann , Daniel Lehmann , Noam Nisan

We study a class of procurement auctions with a budget constraint, where an auctioneer is interested in buying resources or services from a set of agents. Ideally, the auctioneer would like to select a subset of the resources so as to…

计算机科学与博弈论 · 计算机科学 2017-10-10 Georgios Amanatidis , Georgios Birmpas , Evangelos Markakis

In a typical decentralized autonomous organization (DAO), people organize themselves into a group that is programmatically managed. DAOs can act as bidders in auctions, with a DAO's bid treated by the auctioneer as if it had been submitted…

计算机科学与博弈论 · 计算机科学 2023-06-30 Maryam Bahrani , Pranav Garimidi , Tim Roughgarden

In a combinatorial auction with item bidding, agents participate in multiple single-item second-price auctions at once. As some items might be substitutes, agents need to strategize in order to maximize their utilities. A number of results…

计算机科学与博弈论 · 计算机科学 2017-04-17 Paul Dütting , Thomas Kesselheim

In a single-parameter mechanism design problem, a provider is looking to sell a service to a group of potential buyers. Each buyer $i$ has a private value $v_i$ for receiving the service and a feasibility constraint restricts which sets of…

计算机科学与博弈论 · 计算机科学 2022-02-21 Michal Feldman , Vasilis Gkatzelis , Nick Gravin , Daniel Schoepflin

We develop polynomial-time algorithms for the fair and efficient allocation of indivisible goods among $n$ agents that have subadditive valuations over the goods. We first consider the Nash social welfare as our objective and design a…

计算机科学与博弈论 · 计算机科学 2020-07-07 Siddharth Barman , Umang Bhaskar , Anand Krishna , Ranjani G. Sundaram

Along with substantial progress made recently in designing near-optimal mechanisms for multi-item auctions, interesting structural questions have also been raised and studied. In particular, is it true that the seller can always extract…

计算机科学与博弈论 · 计算机科学 2017-09-12 Andrew Chi-Chih Yao

Traditional combinatorial spectrum auctions mainly rely on fixed bidding and matching processes, which limit participants' ability to adapt their strategies and often result in suboptimal social welfare in dynamic spectrum sharing…

计算机科学与博弈论 · 计算机科学 2025-07-29 Xiang Shao , Wei Wang , Guan Gui

In Combinatorial Public Projects, there is a set of projects that may be undertaken, and a set of self-interested players with a stake in the set of projects chosen. A public planner must choose a subset of these projects, subject to a…

计算机科学与博弈论 · 计算机科学 2011-04-19 Shaddin Dughmi

We study the problem of multi-dimensional revenue maximization when selling $m$ items to a buyer that has additive valuations for them, drawn from a (possibly correlated) prior distribution. Unlike traditional Bayesian auction design, we…

计算机科学与博弈论 · 计算机科学 2022-04-29 Yiannis Giannakopoulos , Diogo Poças , Alexandros Tsigonias-Dimitriadis