Mechanism for optimally trading off revenue and efficiency in multi-unit auctions.
Anton LikhodedovTuomas SandholmPublished in: EC (2004)
Keyphrases
- multi unit
- vickrey clarke groves
- sealed bid auctions
- combinatorial auctions
- budget constraints
- bidding strategies
- resource allocation
- mechanism design
- auction protocol
- auction mechanisms
- genetic algorithm
- incentive compatibility
- computational complexity
- upper bound
- social welfare
- probability distribution
- lower bound
- case study