Optimal and Robust Mechanism Design with Interdependent Values

We study interdependent value settings and extend several results from the well-studied independent private values model to these settings. For revenue-optimal mechanism design, we give conditions under which Myerson's virtual value-based mechanism remains optimal with interdependent values. On...

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Veröffentlicht in:	ACM transactions on economics and computation 2016-06, Vol.4 (3), p.1-34
Hauptverfasser:	Roughgarden, Tim, Talgam-Cohen, Inbal
Format:	Artikel
Sprache:	eng
Online-Zugang:	Volltext
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