Hats, auctions and derandomization

Oren Ben-Zwi, Ilan Newman, Guy Wolfovitz

Research output: Contribution to journalArticlepeer-review

Abstract

We investigate derandomizations of digital good randomized auctions. We propose a general derandomization method which can be used to show that for every random auction there exists a deterministic auction having asymptotically the same revenue. In addition, we construct an explicit optimal deterministic auction for bi-valued auctions.

Original languageAmerican English
Pages (from-to)478-493
Number of pages16
JournalRandom Structures and Algorithms
Volume46
Issue number3
DOIs
StatePublished - 1 May 2015

Keywords

  • Bi-valued auctions
  • Derandomizing auctions
  • Digital good auctions
  • Hat games
  • Unlimited supply auctions

All Science Journal Classification (ASJC) codes

  • Software
  • Applied Mathematics
  • General Mathematics
  • Computer Graphics and Computer-Aided Design

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