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JAIR
2010
100views more  JAIR 2010»
13 years 3 months ago
Mechanisms for Multi-Unit Auctions
We present an incentive-compatible polynomial-time approximation scheme for multiunit auctions with general k-minded player valuations. The mechanism fully optimizes over an appro...
Shahar Dobzinski, Noam Nisan
SIGECOM
2008
ACM
141views ECommerce» more  SIGECOM 2008»
13 years 4 months ago
On the communication requirements of verifying the VCG outcome
We consider the amount of communication required to verify the outcome of the Vickrey-Clarke-Groves (VCG) mechanism: an efficient allocation together with incentivizing VCG paymen...
Sébastien Lahaie, David C. Parkes
SIGECOM
2008
ACM
220views ECommerce» more  SIGECOM 2008»
13 years 4 months ago
Better redistribution with inefficient allocation in multi-unit auctions with unit demand
For the problem of allocating one or more items among a group of competing agents, the Vickrey-Clarke-Groves (VCG) mechanism is strategy-proof and efficient. However, the VCG mech...
Mingyu Guo, Vincent Conitzer