Article ID Journal Published Year Pages File Type
7352783 Games and Economic Behavior 2018 26 Pages PDF
Abstract
We resolve the complexity of revenue-optimal deterministic auctions in the unit-demand single-buyer Bayesian setting, i.e., the optimal item pricing problem, when the buyer's values for the items are independent. We show that the problem of computing a revenue-optimal pricing can be solved in polynomial time for distributions of support size 2, and its decision version is NP-complete for distributions of support size 3. We also show that the problem remains NP-complete for the case of identical distributions.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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