Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5072583 | Games and Economic Behavior | 2008 | 20 Pages |
Abstract
We develop a set of techniques that allow constructing efficiently computable truthful mechanisms for combinatorial auctions in the special case where each bidder desires a specific known subset of items and only the valuation is unknown by the mechanism (the single parameter case). For this case we extend the work of Lehmann, O'Callaghan, and Shoham, who presented greedy heuristics. We show how to use If-Then-Else constructs, perform a partial search, and use the LP relaxation. We apply these techniques for several canonical types of combinatorial auctions, obtaining truthful mechanisms with provable approximation ratios.
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Authors
Ahuva Mu'alem, Noam Nisan,