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Competitive Generalized Auctions (2002)

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by Amos Fiat , Andrew V. Goldberg , Jason D. Hartline , Anna R. Karlin
Citations:93 - 20 self
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BibTeX

@MISC{Fiat02competitivegeneralized,
    author = {Amos Fiat and Andrew V. Goldberg and Jason D. Hartline and Anna R. Karlin},
    title = {Competitive Generalized Auctions},
    year = {2002}
}

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Abstract

We describe mechanisms for auctions that are simultaneously truthful (alternately known as strategy-proof or incentive-compatible) and guarantee high "net" profit. We make use of appropriate variants of competitive analysis of algorithms in designing and analyzing our mechanisms. Thus, we do not require any probabilistic assumptions on bids. We present

Keyphrases

competitive generalized auction    probabilistic assumption    appropriate variant    guarantee high net profit    competitive analysis   

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