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SODA
2003
ACM
121views Algorithms» more  SODA 2003»
15 years 7 months ago
Competitiveness via consensus
We introduce the following consensus estimate problem. Several processors hold private and possibly different lower bounds on a value. The processors do not communicate with each ...
Andrew V. Goldberg, Jason D. Hartline
SIGECOM
2008
ACM
155views ECommerce» more  SIGECOM 2008»
15 years 6 months ago
Tight information-theoretic lower bounds for welfare maximization in combinatorial auctions
We provide tight information-theoretic lower bounds for the welfare maximization problem in combinatorial auctions. In this problem, the goal is to partition m items among k bidde...
Vahab S. Mirrokni, Michael Schapira, Jan Vondr&aac...
AAAI
2011
14 years 6 months ago
On Expressing Value Externalities in Position Auctions
Externalities are recognized to exist in the sponsored search market, where two co-located ads compete for user attention. Existing work focuses on the effect of another ad on th...
Florin Constantin, Malvika Rao, Chien-Chung Huang,...
SODA
2010
ACM
148views Algorithms» more  SODA 2010»
16 years 3 months ago
Limits on the Social Welfare of Maximal-In-Range Auction Mechanisms
Many commonly-used auction mechanisms are "maximal-in-range". We show that any maximalin-range mechanism for n bidders and m items cannot both approximate the social wel...
Dave Buchfuhrer, Chris Umans
WWW
2007
ACM
16 years 6 months ago
Dynamics of bid optimization in online advertisement auctions
We consider the problem of online keyword advertising auctions among multiple bidders with limited budgets, and study a natural bidding heuristic in which advertisers attempt to o...
Christian Borgs, Jennifer T. Chayes, Nicole Immorl...