Improved Revenue Bounds for Posted-Price and Second-Price Mechanisms

Improved Revenue Bounds for Posted-Price and Second-Price Mechanisms

<jats:p> How to optimize posted price mechanisms? </jats:p><jats:p> The sequential posted-price (SPP) mechanism is one of the widely used selling mechanisms in practice. In this mechanism, the seller presents each buyer with a price sequentially and the buyer can either accept or r...

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Bibliographic Details
Main Authors: Beyhaghi, Hedyeh (Author), Golrezaei, Negin (Author), Leme, Renato Paes (Author), Pál, Martin (Author), Sivan, Balasubramanian (Author)
Format: Article
Language:English
Published: Institute for Operations Research and the Management Sciences (INFORMS), 2022-08-01T14:42:47Z.
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