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CS364B: Frontiers in Mechanism Design Lecture #17: Part I: Demand Reduction in Multi-Unit Auctions Revisited
| Content Provider | Semantic Scholar |
|---|---|
| Author | Roughgarden, Tim |
| Copyright Year | 2014 |
| Abstract | The last several lectures focused on simultaneous single-item auctions, with both secondprice and first-price payment rules. The toolbox we developed for bounding the POA in auctions can also be applied to many other auction formats. In this lecture we revisit an old setting (from Lecture #4) and derive some new insights via this toolbox. Recall the setting of multi-unit auctions with downward-sloping valuations. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | http://theory.stanford.edu/~tim/w14/l/l37.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |