Incentive-compatible online auctions for digital goods
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.
