Efficient two-sided markets with limited information

P Dütting, F Fusco, P Lazos, S Leonardi… - Proceedings of the 53rd …, 2021 - dl.acm.org
A celebrated impossibility result by Myerson and Satterthwaite (1983) shows that any truthful
mechanism for two-sided markets that maximizes social welfare must run a deficit, resulting …

Algorithms for maximum social welfare of online random trading

X Chen, X Hu, C Wang, X Wu, M Zhang - Discrete Applied Mathematics, 2024 - Elsevier
In an online random trading problem, m sellers and n buyers arrive in a random sequential
order to meet a decision maker. Each seller possesses an item and each buyer demands an …

Multi-unit bilateral trade

M Gerstgrasser, PW Goldberg, B de Keijzer… - Proceedings of the AAAI …, 2019 - aaai.org
We characterise the set of dominant strategy incentive compatible (DSIC), strongly budget
balanced (SBB), and ex-post individually rational (IR) mechanisms for the multi-unit bilateral …

The satisficing secretary problem: when closed-form solutions meet simulated annealing

R Brera, F Fu - arXiv preprint arXiv:2302.03220, 2023 - arxiv.org
The secretary problem has been a focus of extensive study with a variety of extensions that
offer useful insights into the theory of optimal stopping. The original solution is to set one …

How to hire secretaries with stochastic departures

T Kesselheim, A Psomas, S Vardi - arXiv preprint arXiv:1909.08660, 2019 - arxiv.org
We study a generalization of the secretary problem, where decisions do not have to be
made immediately upon candidates' arrivals. After arriving, each candidate stays in the …

Algorithms for Two-sided Online Marketplaces

R Alijani - 2020 - search.proquest.com
The recent emergence of new successful two-sided online platforms has transformed the
concept of a marketplace. Numerous two-sided mechanism design problems, including …

Online machine learning for bilateral trading problems

E Angelopoulou - 2022 - dione.lib.unipi.gr
In this work, we are studying Online Learning and its application in Online Auctions through
intermediation. These days, all transactions on modern platforms are conducted exclusively …

[PDF][PDF] Market intermediation: information, computation, and incentives

M Gerstgrasser - 2018 - drive.google.com
Auctions are a major field of interest in game theory and in the wider microeconomics area,
reflected by recognitions such as Nobel prizes to William Vickrey and Paul Milgrom. The …