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FOCS
2008
IEEE
13 years 5 months ago
On the Approximability of Budgeted Allocations and Improved Lower Bounds for Submodular Welfare Maximization and GAP
In this paper we consider the following maximum budgeted allocation (MBA) problem: Given a set of m indivisible items and n agents; each agent i willing to pay bij on item j and w...
Deeparnab Chakrabarty, Gagan Goel
SIGECOM
2008
ACM
155views ECommerce» more  SIGECOM 2008»
13 years 4 months ago
Tight information-theoretic lower bounds for welfare maximization in combinatorial auctions
We provide tight information-theoretic lower bounds for the welfare maximization problem in combinatorial auctions. In this problem, the goal is to partition m items among k bidde...
Vahab S. Mirrokni, Michael Schapira, Jan Vondr&aac...
FOCS
2006
IEEE
13 years 10 months ago
Approximation algorithms for allocation problems: Improving the factor of 1 - 1/e
Combinatorial allocation problems require allocating items to players in a way that maximizes the total utility. Two such problems received attention recently, and were addressed ...
Uriel Feige, Jan Vondrák
STOC
2005
ACM
146views Algorithms» more  STOC 2005»
14 years 5 months ago
Approximation algorithms for combinatorial auctions with complement-free bidders
We exhibit three approximation algorithms for the allocation problem in combinatorial auctions with complement free bidders. The running time of these algorithms is polynomial in ...
Shahar Dobzinski, Noam Nisan, Michael Schapira
CORR
2010
Springer
176views Education» more  CORR 2010»
13 years 4 months ago
Sequential item pricing for unlimited supply
We investigate the extent to which price updates can increase the revenue of a seller with little prior information on demand. We study prior-free revenue maximization for a selle...
Maria-Florina Balcan, Florin Constantin