In combinatorial auctions using VCG, a seller can sometimes increase revenue by dropping bidders. In this paper we investigate the extent to which this counterintuitive phenomenon can also occur under other deterministic, dominant-strategy combinatorial auction mechanisms. Our main result is that such failures of “revenue monotonicity” can occur under any such mechanism that is weakly maximal—meaning roughly that it chooses allocations that cannot be augmented to cause a losing bidder to win without hurting winning bidders—and that allows bidders to express arbitrary known single-minded preferences. We also give a set of other impossibility results as corollaries, concerning revenue when the set of goods changes, false-name-proofness, and t...
This thesis concerns the interdisciplinary field of combinatorial auctions, combining the fields of ...
This thesis concerns the interdisciplinary field of combinatorial auctions, combining the fields of ...
Abstract. Some important classical mechanisms considered in Microeconomics and Game Theory require t...
AbstractIn combinatorial auctions using VCG, a seller can sometimes increase revenue by dropping bid...
In recent work [Rastegari et al. 2007a; 2007b] we study revenue properties of combinatorial auctions...
In combinatorial auctions that use VCG, a seller can sometimes increase revenue by dropping bidders ...
We study a new monotonicity problem in combinatorial auctions called goods revenue monotonicity, whi...
Given a winning-bid withdrawal in a combinatorial auction, finding an alternative repair solution of...
In auctions of a single good, the second-price mechanism achieves, in dominantstrategies, a revenue ...
We explore interesting potential extensions of the Vickrey-Clarke-Groves (VCG) rule under the assump...
Micali and Valiant proposed a mechanism for combinatorial auctions that is dominant-strategy truthfu...
The focus of classic mechanism design has been on truthful direct-revelation mechanisms. In the cont...
The focus of classic mechanism design has been on truthful direct-revelation mechanisms. In the cont...
Consider the problem of maximizing the revenue from selling a number of goods to a single buyer. We ...
Dominant-strategy truthfulness is traditionally considered the best possible solution concept in mec...
This thesis concerns the interdisciplinary field of combinatorial auctions, combining the fields of ...
This thesis concerns the interdisciplinary field of combinatorial auctions, combining the fields of ...
Abstract. Some important classical mechanisms considered in Microeconomics and Game Theory require t...
AbstractIn combinatorial auctions using VCG, a seller can sometimes increase revenue by dropping bid...
In recent work [Rastegari et al. 2007a; 2007b] we study revenue properties of combinatorial auctions...
In combinatorial auctions that use VCG, a seller can sometimes increase revenue by dropping bidders ...
We study a new monotonicity problem in combinatorial auctions called goods revenue monotonicity, whi...
Given a winning-bid withdrawal in a combinatorial auction, finding an alternative repair solution of...
In auctions of a single good, the second-price mechanism achieves, in dominantstrategies, a revenue ...
We explore interesting potential extensions of the Vickrey-Clarke-Groves (VCG) rule under the assump...
Micali and Valiant proposed a mechanism for combinatorial auctions that is dominant-strategy truthfu...
The focus of classic mechanism design has been on truthful direct-revelation mechanisms. In the cont...
The focus of classic mechanism design has been on truthful direct-revelation mechanisms. In the cont...
Consider the problem of maximizing the revenue from selling a number of goods to a single buyer. We ...
Dominant-strategy truthfulness is traditionally considered the best possible solution concept in mec...
This thesis concerns the interdisciplinary field of combinatorial auctions, combining the fields of ...
This thesis concerns the interdisciplinary field of combinatorial auctions, combining the fields of ...
Abstract. Some important classical mechanisms considered in Microeconomics and Game Theory require t...