Revenue-maximizing Dutch auctions with discrete bid levels.
Zhen LiChing-Chung KuoPublished in: Eur. J. Oper. Res. (2011)
Keyphrases
- sealed bid auctions
- auction mechanisms
- resource allocation
- bidding strategies
- auction protocol
- multi attribute
- mechanism design
- multi unit
- budget constraints
- game theory
- network revenue management
- sponsored search
- display advertising
- reverse auction
- levels of abstraction
- sponsored search auctions
- sponsored search advertising
- logit model
- information retrieval
- incentive compatibility
- discrete version
- lower levels
- expected utility
- decision theory
- online auctions