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Multi-unit supply-monotone auctions with Bayesian valuations

Publication ,  Conference
Deng, Y; Panigrahi, D
Published in: Proceedings of the Annual ACM-SIAM Symposium on Discrete Algorithms
January 1, 2019

We design multi-unit auctions for budget-constrained bidders in the Bayesian setting. Our auctions are supply-monotone, which allows the auction to be run online without knowing the number of items in advance, and achieve asymptotic revenue optimality. We also give an efficient algorithm for implementing our auction by using a succinct and efficiently implementable characterization of supply-monotonicity in the Bayesian setting.

Duke Scholars

Published In

Proceedings of the Annual ACM-SIAM Symposium on Discrete Algorithms

Publication Date

January 1, 2019

Start / End Page

173 / 192
 

Citation

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Deng, Y., & Panigrahi, D. (2019). Multi-unit supply-monotone auctions with Bayesian valuations. In Proceedings of the Annual ACM-SIAM Symposium on Discrete Algorithms (pp. 173–192).
Deng, Y., and D. Panigrahi. “Multi-unit supply-monotone auctions with Bayesian valuations.” In Proceedings of the Annual ACM-SIAM Symposium on Discrete Algorithms, 173–92, 2019.
Deng Y, Panigrahi D. Multi-unit supply-monotone auctions with Bayesian valuations. In: Proceedings of the Annual ACM-SIAM Symposium on Discrete Algorithms. 2019. p. 173–92.
Deng, Y., and D. Panigrahi. “Multi-unit supply-monotone auctions with Bayesian valuations.” Proceedings of the Annual ACM-SIAM Symposium on Discrete Algorithms, 2019, pp. 173–92.
Deng Y, Panigrahi D. Multi-unit supply-monotone auctions with Bayesian valuations. Proceedings of the Annual ACM-SIAM Symposium on Discrete Algorithms. 2019. p. 173–192.

Published In

Proceedings of the Annual ACM-SIAM Symposium on Discrete Algorithms

Publication Date

January 1, 2019

Start / End Page

173 / 192