Optimal bidding in auctions from a game theory perspective

PL Lorentziadis - European Journal of Operational Research, 2016 - Elsevier
The game theoretic perspective in auction bidding has provided a powerful normative
framework for the analysis of auctions and it has generated an impressive volume of …

The price of anarchy in auctions

T Roughgarden, V Syrgkanis, E Tardos - Journal of Artificial Intelligence …, 2017 - jair.org
This survey outlines a general and modular theory for proving approximation guarantees for
equilibria of auctions in complex settings. This theory complements traditional economic …

[PDF][PDF] Mechanism design and approximation

JD Hartline - Book draft. October, 2013 - jasonhartline.com
This text provides a look at select topics in economic mechanism design through the lens of
approximation. It reviews the classical economic theory of mechanism design wherein a …

Complexity of equilibria in first-price auctions under general tie-breaking rules

X Chen, B Peng - Proceedings of the 55th Annual ACM Symposium on …, 2023 - dl.acm.org
We study the complexity of finding an approximate (pure) Bayesian Nash equilibrium in a
first-price auction with common priors when the tie-breaking rule is part of the input. We …

No-regret learning in Bayesian games

J Hartline, V Syrgkanis… - Advances in Neural …, 2015 - proceedings.neurips.cc
Recent price-of-anarchy analyses of games of complete information suggest that coarse
correlated equilibria, which characterize outcomes resulting from no-regret learning …

Increasing revenue by decreasing information in procurement auctions

E Haruvy, E Katok - Production and Operations …, 2013 - journals.sagepub.com
We report on results of several laboratory experiments that investigate on‐line procurement
auctions in which suppliers bid on price, but exogenous bidder quality affects winner …

A mechanism design approach to ranking asymmetric auctions

R Kirkegaard - Econometrica, 2012 - Wiley Online Library
I propose a new mechanism design approach to the problem of ranking standard auctions
with two heterogeneous bidders. A key feature of the approach is that it may be possible to …

Price of anarchy for auction revenue

J Hartline, D Hoy, S Taggart - … of the fifteenth ACM conference on …, 2014 - dl.acm.org
This paper develops tools for welfare and revenue analyses of Bayes-Nash equilibria in
asymmetric auctions with single-dimensional agents. We employ these tools to derive price …

Identification and inference in first-price auctions with collusion

K Schurter - 2017 - knowledge.uchicago.edu
This dissertation develops a method to detect collusion and estimate its effect on the seller's
revenue in first-price auctions with independent, private valuations. The challenge is that …

Competitive bidding in asymmetric multidimensional public procurement

PL Lorentziadis - European Journal of Operational Research, 2020 - Elsevier
In a multidimensional procurement auction, such as a most economically advantageous
tender, asymmetric opponents, with different cost structure and predetermined quality …