A lower bound on seller revenue in single buyer monopoly auctions
Omer TamuzPublished in: CoRR (2012)
Keyphrases
- lower bound
- auction mechanisms
- electronic commerce
- upper bound
- mechanism design
- online auctions
- transaction costs
- dynamic pricing
- sealed bid
- market share
- lower and upper bounds
- branch and bound algorithm
- worst case
- supply chain
- np hard
- reverse auction
- third party
- social welfare
- special case
- optimal solution
- polynomial approximation
- sufficiently accurate
- objective function