Optimal auctions through deep learning

P Dütting, Z Feng, H Narasimhan… - International …, 2019 - proceedings.mlr.press
Designing an incentive compatible auction that maximizes expected revenue is an intricate
task. The single-item case was resolved in a seminal piece of work by Myerson in 1981 …

Strong duality for a multiple-good monopolist

C Daskalakis, A Deckelbaum, C Tzamos - Proceedings of the Sixteenth …, 2015 - dl.acm.org
We provide a duality-based framework for revenue maximization in a multiple-good
monopoly. Our framework shows that every optimal mechanism has a certificate of …

Approximately optimal mechanism design

T Roughgarden, I Talgam-Cohen - Annual Review of Economics, 2019 - annualreviews.org
The field of optimal mechanism design enjoys a beautiful and well-developed theory, as well
as several killer applications. Rules of thumb produced by the field influence everything from …

Robustness and separation in multidimensional screening

G Carroll - Econometrica, 2017 - Wiley Online Library
A principal wishes to screen an agent along several dimensions of private information
simultaneously. The agent has quasilinear preferences that are additively separable across …

On the pseudo-dimension of nearly optimal auctions

JH Morgenstern… - Advances in Neural …, 2015 - proceedings.neurips.cc
This paper develops a general approach, rooted in statistical learning theory, to learning an
approximately revenue-maximizing auction from data. We introduce t-level auctions to …

Approximate revenue maximization with multiple items

S Hart, N Nisan - Journal of Economic Theory, 2017 - Elsevier
Maximizing the revenue from selling more than one good (or item) to a single buyer is a
notoriously difficult problem, in stark contrast to the one-good case. For two goods, we show …

Learning simple auctions

J Morgenstern, T Roughgarden - Conference on Learning …, 2016 - proceedings.mlr.press
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 …

A duality based unified approach to bayesian mechanism design

Y Cai, NR Devanur, SM Weinberg - … of the forty-eighth annual ACM …, 2016 - dl.acm.org
We provide a unified view of many recent developments in Bayesian mechanism design,
including the black-box reductions of Cai et. al., simple auctions for additive buyers, and …

Simple mechanisms for subadditive buyers via duality

Y Cai, M Zhao - Proceedings of the 49th Annual ACM SIGACT …, 2017 - dl.acm.org
We provide simple and approximately revenue-optimal mechanisms in the multi-item multi-
bidder settings. We unify and improve all previous results, as well as generalize the results …

Simple mechanisms for a subadditive buyer and applications to revenue monotonicity

A Rubinstein, SM Weinberg - ACM Transactions on Economics and …, 2018 - dl.acm.org
We study the revenue maximization problem of a seller with n heterogeneous items for sale
to a single buyer whose valuation function for sets of items is unknown and drawn from …