Worst-Case Mechanism Design via Bayesian Analysis

SIAM J. Comput., Volume 46, Issue 4, 2017, Pages 1428-1448.

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Abstract:

Budget feasible mechanism design is the study of procurement combinatorial auctions in which the sellers have private costs to produce items, and the buyer (auctioneer) aims to maximize her valuation function on a subset of purchased items under the budget constraint on the total payment. One of the most important questions in the field i...More

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