Let A be a randomized, unlimited supply, unit demand, single-item auction, which given a bid-vector b ∈ [h]n , has expected profit E[P(b)]. Aggarwal et al. showed that given A, ...
Online auction has become an intriguing new type of economic exchange mechanism. Given that Internet auctions differ from traditional physical auctions in terms of flexibility and...
This paper has the following goals: – To survey some of the recent developments in the field of derandomization. – To introduce a new notion of time-bounded Kolmogorov complex...
Traditional auctions such as the English and first-price sealed-bid auctions have been adopted as another tool for procurement negotiations. Throughout the past decade many new auc...