Sponsored search has been proven to be a successful business model, and sponsored
search auctions have become a hot research direction. There have been many exciting …

We study multi-unit auctions for bidders that have a budget constraint, a situation very
common in practice that has received relatively little attention in the auction theory literature …

Budgets play a significant role in real-world sequential auction markets such as those
implemented by internet companies. To maximize the value provided to auction participants …

We combine theory and empirics to (i) show that some buyers in online advertising markets
are financially constrained and (ii) demonstrate how to design auctions that take into …

In this paper, we present the first approximation algorithms for the problem of designing
revenue optimal Bayesian incentive compatible auctions when there are multiple …

In settings where players have limited access to liquidity, represented in the form of budget
constraints, efficiency maximization has proven to be a challenging goal. In particular, the …

A central issue in applying auction theory in practice is the problem of dealing with budget-
constrained agents. A desirable goal in practice is to design incentive compatible …

The digital economy led to many new services where supply is matched with demand for
various types of goods and services. More and more people and organizations are now in a …

We consider budget constrained combinatorial auctions where each bidder has a private
value for each of the items in some subset of the items and an overall budget constraint …

Auctions for perishable goods such as Internet ad inventory need to make real-time
allocation and pricing decisions as the supply of the good arrives in an online manner …