Robust multi-item auction design using statistical learning: Overcoming uncertainty in bidders' types distributions

This paper presents a novel mechanism design for multi-item auction settings with uncertain bidders' type distributions. Our proposed approach utilizes nonparametric density estimation to accurately estimate bidders' types from historical bids, and is built upon the Vickrey-Clarke-Groves (...

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Hauptverfasser: Han, Jiale, Dai, Xiaowu
Format: Artikel
Sprache:eng
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