A Random-Sampling Double-Auction Mechanism
A Random-Sampling Double-Auction Mechanism
复制标题
一种随机抽样的双重拍卖机制
DOI:
--
复制
发表时间:
2016
期刊:
影响因子:
--
通讯作者:
Y. Aumann
中科院分区:
文献类型:
--
作者:
Erel Segal;Avinatan Hassidim;Y. Aumann
We present a mechanism for double auction of multiple items. We consider three different settings. (1) There is one item-type. Each seller holds several units of that item and each buyer may want several units of that item. Buyers and sellers have constant or decreasing marginal returns. (2) There are multiple item-types. Each seller holds several units of a pre-specified type and the buyers are unit-demand. (3) There are multiple item-types. Each seller holds several units of a pre-specified type and the buyers have gross-substitute valuations. The mechanism is a combination of random-sampling and random-serial-dictatorship. It is prior-free, universally individuallyrational, dominant-strategy truthful and strongly budget-balanced. Its market-gain-from-trade approaches the optimum when the market in all item types is sufficiently large. CCS Concepts: rTheory of computation→ Computational pricing and auctions; Sketching and sampling;