Simple and Effective: A Deterministic Auction with Support Information

Published Online:https://doi.org/10.1287/moor.2024.0707

References

  • [1] Allouah A, Besbes O (2020) Prior-independent optimal auctions. Management Sci. 66(10):4417–4432.Link, Google Scholar
  • [2] Allouah A, Bahamou A, Besbes O (2022) Pricing with samples. Oper. Res. 70(2):1088–1104.Link, Google Scholar
  • [3] Allouah A, Bahamou A, Besbes O (2023) Optimal pricing with a single point. Management Sci. 69(10):5866–5882.Link, Google Scholar
  • [4] Anunrojwong J, Balseiro S, Besbes O (2023) Robust auction design with support information. Proc. 24th ACM Conf. Econom. Comput. (Association for Computing Machinery, New York), 113.Google Scholar
  • [5] Anunrojwong J, Balseiro S, Besbes O (2024) On the robustness of second-price auctions in prior-independent mechanism design. Oper. Res. 73(3):1659–1674.Link, Google Scholar
  • [6] Azar P, Micali S (2012) Optimal parametric auctions. Technical report, Massachusetts Institute of Technology, Cambridge.Google Scholar
  • [7] Azar P, Micali S, Daskalakis C, Weinberg SM (2013) Optimal and efficient parametric auctions. Khanna S, ed. Proc. 24th Annual ACM-SIAM Sympos. Discrete Algorithms (SIAM, Philadelphia), 596–604.Google Scholar
  • [8] Bagnoli M, Bergstrom T (2005) Log-concave probability and its applications. Econom. Theory 26(2):445–469.Crossref, Google Scholar
  • [9] Bandi C, Bertsimas D (2014) Optimal design for multi-item auctions: A robust optimization approach. Math. Oper. Res. 39(4):1012–1038.Link, Google Scholar
  • [10] Bergemann D, Schlag KH (2008) Pricing without priors. J. Eur. Econom. Assoc. 6(2–3):560–569.Crossref, Google Scholar
  • [11] Bergemann D, Schlag K (2011) Robust monopoly pricing. J. Econom. Theory 146(6):2527–2543.Crossref, Google Scholar
  • [12] Bulow J, Klemperer P (1996) Auctions versus negotiations. Amer. Econom. Rev. 86(1):180–194.Google Scholar
  • [13] Carrasco V, Luz VF, Kos N, Messner M, Monteiro P, Moreira H (2018) Optimal selling mechanisms under moment conditions. J. Econom. Theory 177:245–279. Crossref, Google Scholar
  • [14] Carroll G (2017) Robustness and separation in multidimensional screening. Econometrica 85(2):453–488.Crossref, Google Scholar
  • [15] Chen H, Hu M, Perakis G (2022) Distribution-free pricing. Manufacturing Service Oper. Management 24(4):1939–1958.Link, Google Scholar
  • [16] Chen Z, Hu Z, Wang R (2024) Screening with limited information: A dual perspective. Oper. Res. 72(4):1487–1504.Link, Google Scholar
  • [17] Cohen MC, Perakis G, Pindyck RS (2021) A simple rule for pricing with limited knowledge of demand. Management Sci. 67(3):1608–1621.Link, Google Scholar
  • [18] Dhangwatnotai P, Roughgarden T, Yan Q (2015) Revenue maximization with a single sample. Games Econom. Behav. 91:318–333.Crossref, Google Scholar
  • [19] Ewerhart C (2013) Regular type distributions in mechanism design and concavity. Econom. Theory 53(3):591–603.Crossref, Google Scholar
  • [20] Giannakopoulos Y, Poças D, Tsigonias-Dimitriadis A (2023) Robust revenue maximization under minimal statistical information. ACM Trans. Econom. Comput. 10(3):1–34.Google Scholar
  • [21] Hart S, Nisan N (2017) Approximate revenue maximization with multiple items. J. Econom. Theory 172:313–347.Crossref, Google Scholar
  • [22] Hartline JD, Roughgarden T (2009) Simple versus optimal mechanisms. Proc. 10th ACM Conf. Electronic Commerce (Association for Computing Machinery, New York), 225–234.Google Scholar
  • [23] Klemperer P (2018) Product-mix auctions. Nuffield College Working Paper 2018-W07. Nuffield College, Oxford, UK. Google Scholar
  • [24] Koçyiğit Ç, Kuhn D, Rujeerapaiboon N (2024) Regret minimization and separation in multi-bidder, multi-item auctions. INFORMS J. Comput. 36(6):1543–1561.Link, Google Scholar
  • [25] Koçyiğit Ç, Rujeerapaiboon N, Kuhn D (2021) Robust multidimensional pricing: Separation without regret. Math. Programming 196:841–874.Crossref, Google Scholar
  • [26] Koçyiğit Ç, Iyengar G, Kuhn D, Wiesemann W (2020) Distributionally robust mechanism design. Management Sci. 66(1):159–189.Link, Google Scholar
  • [27] Myerson RB (1981) Optimal auction design. Math. Oper. Res. 6(1):58–73.Link, Google Scholar
  • [28] Rujeerapaiboon N, Wei Y, Xue Y (2023) Target-oriented regret minimization for satisficing monopolists. Garg J, Klimm M, Kong Y, eds. Web Internet Econom. WINE 2023 (Springer, Cham, Switzerland), 563–581.Google Scholar
  • [29] Suzdaltsev A (2022) Distributionally robust pricing in independent private value auctions. J. Econom. Theory 206:105555. Crossref, Google Scholar
  • [30] Vickrey W (1961) Counterspeculation, auctions, and competitive sealed tenders. J. Finance 16(1):8–37.Crossref, Google Scholar
  • [31] Wang S (2025) The power of simple menus in robust selling mechanisms. Management Sci. 71(6):5268–5287.Link, Google Scholar
  • [32] Wang S, Liu S, Zhang J (2024) Minimax regret robust screening with moment information. Manufacturing Service Oper. Management 26(3):992–1012.Link, Google Scholar
  • [33] Wilson R (1987) Game-theoretic analysis of trading processes. Bewley TF, ed. Adv. Econom. Theory Fifth World Congress (Cambridge University Press, Cambridge, UK), 33–70.Google Scholar
  • [34] Yitzhaki S (2003) Gini’s mean difference: A superior measure of variability for non-normal distributions. Metron 61(2):285–316.Google Scholar
INFORMS site uses cookies to store information on your computer. Some are essential to make our site work; Others help us improve the user experience. By using this site, you consent to the placement of these cookies. Please read our Privacy Statement to learn more.