We examine a setting in which a buyer wishes to purchase probabilistic information from some agent. The seller must invest effort in order to gain access to the information, and m...
Reputation mechanisms offer an efficient way of building the necessary level of trust in electronic markets. Feedback about an agent’s past behavior can be aggregated into a me...
Peer prediction mechanisms allow the truthful elicitation of private signals (e.g., experiences, or opinions) in regard to a true world state when this ground truth is unobservabl...
Combinatorial auctions, where bidders can submit bids on bundles of items, are economically efficient mechanisms for selling items to bidders, and are attractive when the bidders...
Abstract— Markets and auctions have been proposed as mechanisms for efficiently and fairly allocating resources in a number of different computational settings. Economic approac...