Approximately optimal bidding policies for repeated first-price auctions.
Amir DanakShie MannorPublished in: Ann. Oper. Res. (2012)
Keyphrases
- approximately optimal
- mechanism design
- combinatorial auctions
- auction mechanisms
- bidding strategies
- information revelation
- online auctions
- multi unit
- incomplete information
- marginal utility
- winner determination
- electronic marketplaces
- game theory
- auction protocol
- sealed bid
- trading agents
- optimal policy
- budget constraints
- sponsored search auctions
- approximation algorithms
- incentive compatible
- strategy proof
- resource allocation
- cooperative
- group buying
- reverse auction
- double auction
- internet auctions
- incentive compatibility
- social welfare
- mathematical programming
- electronic commerce