Composable and efficient mechanisms

V Syrgkanis, E Tardos - Proceedings of the forty-fifth annual ACM …, 2013 - dl.acm.org
We initiate the study of efficient mechanism design with guaranteed good properties even
when players participate in multiple mechanisms simultaneously or sequentially. We define …

Multi-unit auctions with budget limits

S Dobzinski, R Lavi, N Nisan - Games and Economic Behavior, 2012 - Elsevier
We study multi-unit auctions for bidders that have a budget constraint, a situation very
common in practice that has received relatively little attention in the auction theory literature …

Efficiency guarantees in auctions with budgets

S Dobzinski, RP Leme - International Colloquium on Automata …, 2014 - Springer
In settings where players have limited access to liquidity, represented in the form of budget
constraints, efficiency maximization has proven to be a challenging goal. In particular, the …

Polyhedral clinching auctions and the adwords polytope

G Goel, V Mirrokni, RP Leme - Journal of the ACM (JACM), 2015 - dl.acm.org
A central issue in applying auction theory in practice is the problem of dealing with budget-
constrained agents. A desirable goal in practice is to design incentive compatible …

Multi-unit auction in social networks with budgets

M Xiao, Y Song, B Khoussainov - … of the AAAI Conference on Artificial …, 2022 - ojs.aaai.org
We study multi-unit auctions in social networks, where each buyer has a fixed budget and
can spread the sale information to the network neighbors. We design a mechanism …

Position auctions with budget constraints: Implications for advertisers and publishers

S Lu, Y Zhu, A Dukes - Marketing Science, 2015 - pubsonline.informs.org
This paper examines position auctions with budget-constrained advertisers, a dominant
bidding environment used by publishers to allocate positions in online advertising. Budget …

Revenue maximizing envy-free multi-unit auctions with budgets

M Feldman, A Fiat, S Leonardi… - Proceedings of the 13th …, 2012 - dl.acm.org
We study envy-free (EF) mechanisms for multi-unit auctions with budgeted agents that
approximately maximize revenue. In an EF auction, prices are set so that every bidder …

Clinching auctions with online supply

G Goel, V Mirrokni, RP Leme - Games and Economic Behavior, 2020 - Elsevier
Auctions for perishable goods such as Internet ad inventory need to make real-time
allocation and pricing decisions as the supply of the good arrives in an online manner …

A note on the incompatibility of strategy-proofness and Pareto-optimality in quasi-linear settings with public budgets

R Lavi, M May - Economics Letters, 2012 - Elsevier
We show that any deterministic mechanism, for allocating identical items that are
complements to budget-constrained bidders, cannot simultaneously satisfy individual …

Local computation mechanism design

A Hassidim, Y Mansour, S Vardi - ACM Transactions on Economics and …, 2016 - dl.acm.org
We introduce the notion of local computation mechanism design—designing game-theoretic
mechanisms that run in polylogarithmic time and space. Local computation mechanisms …