Optimal auctions revisited
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Dov Monderer; Moshe Tennenholtz
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Article
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2000
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Elsevier Science
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English
β 128 KB
This paper addresses several basic problems inspired by the adaptation of economic mechanisms, and auctions in particular, to the Internet. Computational environments such as the Internet offer a high degree of flexibility in auctions' rules. This makes the study of optimal auctions especially inter