The Optimal Mechanism for Selling to a Budget Constrained Buyer: The General Case
The Optimal Mechanism for Selling to a Budget Constrained Buyer: The General Case
复制标题
向预算有限的买家销售的最佳机制:一般情况
DOI:
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发表时间:
2017
期刊:
影响因子:
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通讯作者:
Nikhil R. Devanur
中科院分区:
文献类型:
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作者:
Nikhil R. Devanur
We consider a revenue-maximizing seller with a single item facing a single buyer with a private budget. The (value, budget) pair is drawn from an arbitrary and possibly correlated distribution. We characterize the optimal mechanism in such cases, and quantify the amount of price discrimination that might be present. For example, there could be up to 3·2k-1 -1 distinct non-trivial menu options in the optimal mechanism for such a buyer with k distinct possible budgets (compared to k if the marginal distribution of values conditioned on each budget has decreasing marginal revenue [CG00], or 2 if there is an arbitrary distribution and one possible budget [CMM11]). Our approach makes use of the duality framework of [CDW16], and duality techniques related to the "FedEx Problem" of [FGKK16]. In contrast to [FGKK16] and other prior work, we characterize the optimal primal/dual without nailing down an explicit closed form.
DOI:
10.1145/2764468.2764539
发表时间:
2014-09
期刊:
Proceedings of the Sixteenth ACM Conference on Economics and Computation
影响因子:
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作者:
C. Daskalakis;Alan Deckelbaum;Christos Tzamos
通讯作者:
C. Daskalakis;Alan Deckelbaum;Christos Tzamos