Optimal dynamic mechanism design via a virtual VCG mechanism.
Sham M. KakadeIlan LobelHamid NazerzadehPublished in: SIGecom Exch. (2011)
Keyphrases
- mechanism design
- approximately optimal
- incentive compatibility
- incentive compatible
- incomplete information
- game theory
- multiagent planning
- strategy proof
- cooperative game theory
- vickrey clarke groves
- dynamic programming
- combinatorial auctions
- optimal solution
- auction mechanisms
- social welfare
- moral hazard
- dynamic environments
- cooperative
- double auction
- nash equilibrium
- state space
- lower bound