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Motivation for On-Line Auctions

Competitive Analysis of Incentive Compatible On-Line Auctions Ron Lavi and Noam Nisan SISL/IST, Cal-Tech Hebrew University. Motivation for On-Line Auctions. Example: auctions are useful for allocating bandwidth. Transmissions arrive over time, each transmission lasts all day.

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Multi-item auctions with identical items

Multi-item auctions with identical items. limited supply: M items (M smaller than number of bidders, n). Three possible bidder types: Unit-demand bidders Decreasing marginal values General valuations We only consider private values

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276 views • 19 slides

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Motivation for On-Line Auctions

Multi-item auctions with identical items