Leveraging Possibilistic Beliefs in Unrestricted Combinatorial Auctions
In unrestricted combinatorial auctions, we put forward a mechanism that guarantees a meaningful revenue benchmark based on the possibilistic beliefs that the players have about each other's valuations. In essence, the mechanism guarantees, within a factor of two, the maximum revenue that the &q...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG,
2017-04-14T21:43:01Z.
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Subjects: | |
Online Access: | Get fulltext |