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...
We consider auction design in a setting with costly preference elicitation. Well designed auctions can help to avoid unnecessary elicitation while determining efficient allocations...
Abstract— Markets and auctions have been proposed as mechanisms for efficiently and fairly allocating resources in a number of different computational settings. Economic approac...
Mechanism design is the study of preference aggregation protocols that work well in the face of self-interested agents. We present the first general-purpose techniques for automa...
Tuomas Sandholm, Vincent Conitzer, Craig Boutilier
Proper scoring rules, particularly when used as the basis for a prediction market, are powerful tools for eliciting and aggregating beliefs about events such as the likely outcome...