Restricting the preferences of the agents by assuming that their utility functions linearly depend on a payment allows for the positive results of the Vickrey auction and the Vick...
Paul Harrenstein, Mathijs de Weerdt, Vincent Conit...
We study the degree to which small fluctuations in costs in wellstudied potential games can impact the result of natural best-response and improved-response dynamics. We call thi...
We study the problem of how to allocate m identical items among n > m agents, assuming each agent desires exactly one item and has a private value for consuming the item. We as...
Geoffroy de Clippel, Victor Naroditskiy, Amy R. Gr...
We analyze the problem of designing a truthful pay-per-click auction where the click-through-rates (CTR) of the bidders are unknown to the auction. Such an auction faces the class...
There is significant experimental evidence that prediction markets are efficient mechanisms for aggregating information and are more accurate in forecasting events than tradition...