A Simple Mechanism for a Budget-Constrained Buyer

WINE, 2018.

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Abstract:

We study a classic Bayesian mechanism design setting of monopoly problem for an additive buyer in the presence of budgets. In this setting a monopolist seller with m heterogeneous items faces a single buyer and seeks to maximize her revenue. The buyer has a budget and additive valuations drawn independently for each item from (non-identic...More

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