bidder behavior
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2020 ◽  
Vol 34 (02) ◽  
pp. 1966-1973
Author(s):  
Yotam Gafni ◽  
Ron Lavi ◽  
Moshe Tennenholtz

VCG is a classical combinatorial auction that maximizes social welfare. However, while the standard single-item Vickrey auction is false-name-proof, a major failure of multi-item VCG is its vulnerability to false-name attacks. This occurs already in the natural bare minimum model in which there are two identical items and bidders are single-minded. Previous solutions to this challenge focused on developing alternative mechanisms that compromise social welfare. We re-visit the VCG auction vulnerability and consider the bidder behavior in Bayesian settings. In service of that we introduce a novel notion, termed the granularity threshold, that characterizes VCG Bayesian resilience to false-name attacks as a function of the bidder type distribution. Using this notion we show a large class of cases in which VCG indeed obtains Bayesian resilience for the two-item single-minded setting.


2016 ◽  
Vol 83 ◽  
pp. 198-212 ◽  
Author(s):  
Joseph Uri Podwol ◽  
Henry S. Schneider
Keyword(s):  

2015 ◽  
Vol 5 (3-4) ◽  
pp. 215-253
Author(s):  
Robert Griffin ◽  
Christopher Anderson
Keyword(s):  

2014 ◽  
Vol 90 (4) ◽  
pp. 445-462 ◽  
Author(s):  
Mayukh Dass ◽  
Srinivas K. Reddy ◽  
Dawn Iacobucci

2014 ◽  
Vol 89 (8) ◽  
pp. 12-18
Author(s):  
El-Sayed M.TowfekEl-kenawy ◽  
Ali Ibraheem El-Desoky ◽  
Amany M. Sarhan

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