UPDF AI

Incentive-compatible online auctions for digital goods

Ziv Bar-Yossef,Kirsten Hildrum,Felix Wu

2002 · DBLP: conf/soda/Bar-YossefHW02
ACM-SIAM Symposium on Discrete Algorithms · 125 Citations

TLDR

This work defines a model for online auctions for digital goods and examines auctions in which bidders have an incentive to bid their true valuations, that is, incentive-compatible auctions, and gives a randomized auction which is within a factor O(exp√log log h) of the benchmark.