Non-uniform Bid-scaling and Equilibria for Different Auctions: An Empirical Study

In recent years, the growing adoption of autobidding has motivated the study of auction design with value-maximizing auto-bidders. It is known that under mild assumptions, uniform bid-scaling is an optimal bidding strategy in truthful auctions, e.g., Vickrey-Clarke-Groves auction (VCG), and the pric...

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Veröffentlicht in:	arXiv.org 2023-11
Hauptverfasser:	Deng, Yuan, Mao, Jieming, Mirrokni, Vahab, Teng, Yifeng, Zuo, Song
Format:	Artikel
Sprache:	eng
Schlagworte:	Auctioning Auctions Bids Optimization Scaling Synthetic data
Online-Zugang:	Volltext
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