Multi-unit Auctions with Budget Limits

被引:34
作者
Dobzinski, Shahar [1 ]
Lavi, Ron [3 ]
Nisan, Noam [2 ]
机构
[1] Hebrew Univ Jerusalem, Sch Engn & Comp Sci, IL-91905 Jerusalem, Israel
[2] Hebrew Univ & Google Tel Aviv, Sch Engn & Comp Sci, IL-91905 Jerusalem, Israel
[3] IE&M Tech, Bangalore, Karnataka, India
来源
PROCEEDINGS OF THE 49TH ANNUAL IEEE SYMPOSIUM ON FOUNDATIONS OF COMPUTER SCIENCE | 2008年
关键词
D O I
10.1109/FOCS.2008.39
中图分类号
TP301 [理论、方法];
学科分类号
081202 ;
摘要
We study multi-unit auctions where the bidders have a budget constraint, a situation very common in practice that has received very little attention in the auction theory literature. Our main result is an impossibility: there are no incentive-compatible auctions that always produce a Pareto-optimal allocation. We also obtain some surprising positive results for certain special cases.
引用
收藏
页码:260 / +
页数:2
相关论文
共 7 条
[1]   An efficient ascending-bid auction for multiple objects [J].
Ausubel, LM .
AMERICAN ECONOMIC REVIEW, 2004, 94 (05) :1452-1475
[2]   Multiple-object auctions with budget constrained bidders [J].
Benoît, JP ;
Krishna, V .
REVIEW OF ECONOMIC STUDIES, 2001, 68 (01) :155-179
[3]  
Blumrosen L, 2007, ALGORITHMIC GAME THEORY, P267
[4]  
Borgs C., 2005, Proc. ACM EC, P44
[5]  
FELDMAN J, SAGT 08
[6]  
LEHMANN B, EC 01
[7]  
MEHTA A, FOCS 2005