A simple and approximately optimal mechanism for an additive buyer

M Babaioff, N Immorlica, B Lucier… - Journal of the ACM …, 2020 - dl.acm.org
We consider a monopolist seller with n heterogeneous items, facing a single buyer. The
buyer has a value for each item drawn independently according to (non-identical) …

Bayesian mechanism design

JD Hartline - … and Trends® in Theoretical Computer Science, 2013 - nowpublishers.com
Abstract Systems wherein strategic agents compete for limited resources are ubiquitous: the
economy, computer networks, social networks, congestion networks, nature, etc. Assuming …

An economic view of prophet inequalities

B Lucier - ACM SIGecom Exchanges, 2017 - dl.acm.org
Over the past decade, an exciting connection has developed between the theory of posted-
price mechanisms and the prophet inequality, a result from the theory of optimal stopping …

[PDF][PDF] Mechanism design and approximation

JD Hartline - Book draft. October, 2013 - jasonhartline.com
This text provides a look at select topics in economic mechanism design through the lens of
approximation. It reviews the classical economic theory of mechanism design wherein a …

A permutation-equivariant neural network architecture for auction design

J Rahme, S Jelassi, J Bruna… - Proceedings of the AAAI …, 2021 - ojs.aaai.org
Designing an incentive compatible auction that maximizes expected revenue is a central
problem in Auction Design. Theoretical approaches to the problem have hit some limits in …

Learning multi-item auctions with (or without) samples

Y Cai, C Daskalakis - 2017 IEEE 58th Annual Symposium on …, 2017 - ieeexplore.ieee.org
We provide algorithms that learn simple auctions whose revenue is approximately optimal in
multi-item multi-bidder settings, for a wide range of bidder valuations including unit-demand …

A myersonian framework for optimal liquidity provision in automated market makers

J Milionis, CC Moallemi, T Roughgarden - arXiv preprint arXiv:2303.00208, 2023 - arxiv.org
In decentralized finance (" DeFi"), automated market makers (AMMs) enable traders to
programmatically exchange one asset for another. Such trades are enabled by the assets …

Benefits of permutation-equivariance in auction mechanisms

T Qin, F He, D Shi, W Huang… - Advances in Neural …, 2022 - proceedings.neurips.cc
Designing an incentive-compatible auction mechanism that maximizes the auctioneer's
revenue while minimizes the bidders' ex-post regret is an important yet intricate problem in …

Multi-item mechanisms without item-independence: Learnability via robustness

J Brustle, Y Cai, C Daskalakis - Proceedings of the 21st ACM Conference …, 2020 - dl.acm.org
We study the sample complexity of learning revenue-optimal multi-item auctions. We obtain
the first set of positive results that go beyond the standard but unrealistic setting of item …

Sample complexity of automated mechanism design

MFF Balcan, T Sandholm… - Advances in Neural …, 2016 - proceedings.neurips.cc
The design of revenue-maximizing combinatorial auctions, ie multi item auctions over
bundles of goods, is one of the most fundamental problems in computational economics …