International Competitive Auctions
نویسندگان
چکیده
منابع مشابه
Competitive auctions
We study a class of single-round, sealed-bid auctions for items in unlimited supply, such as digital goods. We introduce the notion of competitive auctions. A competitive auction is truthful (i.e., encourages buyers to bid their utility) and yields profit that is roughly within a constant factor of the profit of optimal fixed pricing for all inputs. We justify the use of optimal fixed pricing a...
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We study digital-goods auctions for items in unlimited supply introduced by Goldberg, Hartline and Wright. Since no deterministic algorithms are competitive for this class of auctions, one of the central research issues is how to obtain a nice probabilistic distribution over truthful algorithms. In this paper, we introduce a rather systematic approach to this goal: Consider for example the Samp...
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In this paper we consider the problem of designing a mechanism for double auctions where bidders each bid to buy or sell one unit of a single commodity. We assume that each bidder’s utility value for the item is private to them and we focus on truthful mechanisms, ones where the bidders’ optimal strategy is to bid their true utility. The profit of the auctioneer is the difference between the to...
متن کاملCompetitive Equilibrium Analysis for Repeated Procurement Auctions
In this study, we conduct a competitive equilibrium analysis for the repeated (sequential) procurement auctions. We consider capacitated suppliers (bidders), each with a U-shaped cost function that captures the economies (and dis-economies) of scale in bidding quantity. Cases with both homogenous and non-homogenous bidders are considered in a symmetric incomplete information setting. First we a...
متن کاملCompetitive Auctions for Markets with Positive Externalities
In digital goods auctions, there is an auctioneer who sells an item with unlimited supply to a set of potential buyers, and the objective is to design truthful auction to maximize the total profit of the auctioneer. Motivated from an observation that the values of buyers for the item could be interconnected through social networks, we study digital goods auctions with positive externalities amo...
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ژورنال
عنوان ژورنال: MGIMO Review of International Relations
سال: 2011
ISSN: 2541-9099,2071-8160
DOI: 10.24833/2071-8160-2011-2-17-301