Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
379650 | Electronic Commerce Research and Applications | 2014 | 11 Pages |
Abstract
We consider the case of a digital product for share-averse bidders, where the product can be sold to multiple buyers who experience some disutility from other firms or consumers owning the same product. We model the problem of selling a digital product to share-averse bidders as an auction and apply a Bayesian optimal mechanism design. We also design constant-approximation algorithms in the prior-free setting including both average- and worst-case analyses.
Keywords
Related Topics
Physical Sciences and Engineering
Computer Science
Artificial Intelligence
Authors
Jinxiang Pei, Diego Klabjan, Wei Xie,