Rank-guaranteed auctions

We propose a combinatorial ascending auction that is “approximately” optimal, requiring minimal rationality to achieve this level of optimality, and is robust to strategic and distributional uncertainties. Specifically, the auction is rankguaranteed, meaning that for any menu M and any valuation pro...

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Bibliographic Details
Main Authors: HE, Wei, LI, Jiangtao, ZHONG, Weijie
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2024
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Online Access:https://ink.library.smu.edu.sg/soe_research/2756
https://ink.library.smu.edu.sg/context/soe_research/article/3755/viewcontent/Rank_guaranteed_auctions__003_.pdf
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Institution: Singapore Management University
Language: English