Simultaneous Auctions are Approximately Revenue-Optimal for Subadditive Bidders.
Yang CaiZiyun ChenJinzhao WuPublished in: FOCS (2023)
Keyphrases
- auction mechanisms
- sealed bid auctions
- combinatorial auctions
- resource allocation
- winner determination
- bidding strategies
- online auctions
- budget constraints
- multi unit
- mechanism design
- network revenue management
- optimal solution
- optimal design
- optimal control
- sealed bid
- social welfare
- mixed integer
- optimal strategy
- upper bound