Motivated by web based marketplaces where the number of bidders in an auction is a small subset of potential bidders, we consider auctions where the auctioneer (seller) wishes to increase her revenue and/or social welfare by expanding the pool of ...
How can an auctioneer optimize revenue by learning the reserve prices from the bids in the previous auctions? How should the long-term incentives and strategic behavior of the bidders be taken into account? Motivated in part by applications in online ...
Large fractions of online advertisements are sold via repeated second-price auctions. In these auctions, the reserve price is the main tool for the auctioneer to boost revenues. In this work, we investigate the following question: how can the auctioneer ...
The auction of a single indivisible item is one of the most celebrated problems in mechanism design with transfers. Despite its simplicity, it provides arguably the cleanest and most insightful results in the literature. When the information that the ...
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