A simple and approximately optimal mechanism for an additive buyer
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) …
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 …
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 …
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 …
approximation. It reviews the classical economic theory of mechanism design wherein a …
A permutation-equivariant neural network architecture for auction design
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 …
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 …
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
In decentralized finance (" DeFi"), automated market makers (AMMs) enable traders to
programmatically exchange one asset for another. Such trades are enabled by the assets …
programmatically exchange one asset for another. Such trades are enabled by the assets …
Benefits of permutation-equivariance in auction mechanisms
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 …
revenue while minimizes the bidders' ex-post regret is an important yet intricate problem in …
Multi-item mechanisms without item-independence: Learnability via robustness
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 …
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 …
bundles of goods, is one of the most fundamental problems in computational economics …