Showing 1 - 10 of 729
Maximizing the revenue from selling two goods (or items) is a notoriously difficult problem, in stark contrast to the single-good case. We show that simple "one-dimensional" mechanisms, such as selling the two goods separately, guarantee at least 73% of the optimal revenue when the valuations of...
Persistent link: https://www.econbiz.de/10010813838
We consider the complexity of finding a Correlated Equilibrium in an n-player game in a model that allows the algorithm to make queries for players' utilities at pure strategy profiles. Many randomized regret-matching dynamics are known to yield an approximate correlated equilibrium quickly: in...
Persistent link: https://www.econbiz.de/10010839558
Myerson’s classic result provides a full description of how a seller can maximize revenue when selling a single item. We address the question of revenue maximization in the simplest possible multi-item setting: two items and a single buyer who has independently distributed values for the...
Persistent link: https://www.econbiz.de/10010546993
Persistent link: https://www.econbiz.de/10010819806
Persistent link: https://www.econbiz.de/10010610209
Persistent link: https://www.econbiz.de/10010246300
Persistent link: https://www.econbiz.de/10009779246
Persistent link: https://www.econbiz.de/10009618146
Persistent link: https://www.econbiz.de/10010478115
Persistent link: https://www.econbiz.de/10011777064