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In e-commerce advertising, it is crucial to jointly consider various performance metrics, e.g., user experience, advertiser utility, and platform revenue. Traditional auction mechanisms, such as GSP and VCG auctions, can be suboptimal due…

计算机科学与博弈论 · 计算机科学 2021-07-15 Xiangyu Liu , Chuan Yu , Zhilin Zhang , Zhenzhe Zheng , Yu Rong , Hongtao Lv , Da Huo , Yiqing Wang , Dagui Chen , Jian Xu , Fan Wu , Guihai Chen , Xiaoqiang Zhu

State-of-the-art drone technologies have severe flight time limitations due to weight constraints, which inevitably lead to a relatively small amount of available energy. Therefore, frequent battery replacement or recharging is necessary in…

计算机科学与博弈论 · 计算机科学 2020-01-13 MyungJae Shin , Joongheon Kim , Marco Levorato

A digital goods auction is a type of auction where potential buyers bid the maximal price that they are willing to pay for a certain item, which a seller can produce at a negligible cost and in unlimited quantity. To maximise her benefits,…

信息论 · 计算机科学 2020-09-22 Patrick Ah-Fat , Michael Huth

In digital goods auctions, there is an auctioneer who sells an item with unlimited supply to a set of potential buyers, and the objective is to design truthful auction to maximize the total profit of the auctioneer. Motivated from an…

计算机科学与博弈论 · 计算机科学 2011-07-27 Nick Gravin , Pinyan Lu

We consider the problem of an auctioneer who faces the task of selling a good (drawn from a known distribution) to a set of buyers, when the auctioneer does not have the capacity to describe to the buyers the exact identity of the good that…

计算机科学与博弈论 · 计算机科学 2014-01-08 Shaddin Dughmi , Nicole Immorlica , Aaron Roth

We consider an auction design problem where a seller sells multiple homogeneous items to a set of connected buyers. Each buyer only knows the buyers she directly connects with and has a diminishing marginal utility valuation for the items.…

计算机科学与博弈论 · 计算机科学 2023-02-28 Haolin Liu , Xinyuan Lian , Dengji Zhao

Periodic double auctions (PDA) have applications in many areas such as in e-commerce, intra-day equity markets, and day-ahead energy markets in smart-grids. While the trades accomplished using PDAs are worth trillions of dollars, finding a…

计算机科学与博弈论 · 计算机科学 2022-02-23 Sanjay Chandlekar , Easwar Subramanian , Sanjay Bhat , Praveen Paruchuri , Sujit Gujar

Peer reviewed publications are considered the gold standard in certifying and disseminating ideas that a research community considers valuable. However, we identify two major drawbacks of the current system: (1) the overwhelming demand for…

综合经济学 · 经济学 2023-05-12 Siddarth Srinivasan , Jamie Morgenstern

Motivated by the problem of market power in electricity markets, we introduced in previous works a mechanism for simplified markets of two agents with linear cost. In standard procurement auctions, the market power resulting from the…

理论经济学 · 经济学 2019-07-25 Benjamin Heymann , Alejandro Jofré

We present a general framework for proving polynomial sample complexity bounds for the problem of learning from samples the best auction in a class of "simple" auctions. Our framework captures all of the most prominent examples of "simple"…

机器学习 · 计算机科学 2016-04-13 Jamie Morgenstern , Tim Roughgarden

We design fair sponsored search auctions that achieve a near-optimal tradeoff between fairness and quality. Our work builds upon the model and auction design of Chawla and Jagadeesan \cite{CJ22}, who considered the special case of a single…

计算机科学与博弈论 · 计算机科学 2022-04-11 Shuchi Chawla , Rojin Rezvan , Nathaniel Sauerberg

One of the Multi-Agent Systems that is widely used by various government agencies, buyers and sellers in a market economy, in such a manner so as to attain optimized resource allocation, is the Combinatorial Auctioning System (CAS). We…

计算机科学与博弈论 · 计算机科学 2010-05-30 Megha Saini , Shrisha Rao

As cellular operators are suffering from a data explosion problem, and users are consequently experiencing poor data services, the introduction of femtocells offers a cost-effective way to mitigate this problem. Femtocells enable larger…

计算机科学与博弈论 · 计算机科学 2013-01-17 Sha Hua , Xuejun Zhuo , Shivendra S. Panwar

Generating good revenue is one of the most important problems in Bayesian auction design, and many (approximately) optimal dominant-strategy incentive compatible (DSIC) Bayesian mechanisms have been constructed for various auction settings.…

计算机科学与博弈论 · 计算机科学 2020-08-07 Jing Chen , Bo Li , Yingkai Li , Pinyan Lu

We consider repeated multi-unit auctions with uniform pricing, which are widely used in practice for allocating goods such as carbon licenses. In each round, $K$ identical units of a good are sold to a group of buyers that have valuations…

计算机科学与博弈论 · 计算机科学 2024-01-17 Simina Brânzei , Mahsa Derakhshan , Negin Golrezaei , Yanjun Han

The design of revenue-maximizing combinatorial auctions, i.e. multi-item auctions over bundles of goods, is one of the most fundamental problems in computational economics, unsolved even for two bidders and two items for sale. In the…

机器学习 · 计算机科学 2016-06-15 Maria-Florina Balcan , Tuomas Sandholm , Ellen Vitercik

Algorithms increasingly automate bidding in online auctions, raising concerns about tacit bid suppression and revenue shortfalls. Prior work identifies individual mechanisms behind algorithmic bid suppression, but it remains unclear which…

综合经济学 · 经济学 2026-03-24 Pranjal Rawat

This paper develops algorithms to solve strong-substitutes product-mix auctions. That is, it finds competitive equilibrium prices and quantities for agents who use this auction's bidding language to truthfully express their…

计算机科学与博弈论 · 计算机科学 2023-07-11 Elizabeth Baldwin , Paul W. Goldberg , Paul Klemperer , Edwin Lock

Designing truthful, revenue maximizing auctions is a core problem of auction design. Multi-item settings have long been elusive. Recent work (arXiv:1706.03459) introduces effective deep learning techniques to find such auctions for the…

计算机科学与博弈论 · 计算机科学 2021-04-02 Daniel Reusche , Nicolás Della Penna

Auctions have been proposed as a way to provide economic incentives for primary users to dynamically allocate unused spectrum to other users in need of it. Previously proposed schemes do not take into account the fact that the power…

计算机科学与博弈论 · 计算机科学 2014-12-24 Deepan Palguna , David J. Love , Ilya Pollak