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A Simplified Analysis of the Ascending Auction to Sell a Matroid Base
Britta Peis, Niklas Rieken
We give a simpler analysis of the ascending auction of Bikhchandani, de Vries, Schummer, and Vohra to sell a welfare-maximizing base of a matroid at Vickrey prices. The new proofs…
Faster Dynamic Auctions via Polymatroid Sum
Katharina Eickhoff, Meike Neuwohner, Britta Peis +3
We consider dynamic auctions for finding Walrasian equilibria in markets with indivisible items and strong gross substitutes valuation functions. Each price adjustment step in thes…
A flow-based ascending auction to compute buyer-optimal Walrasian prices
Katharina Eickhoff, S. Thomas McCormick, Britta Peis +2
We consider a market where a set of objects is sold to a set of buyers, each equipped with a valuation function for the objects. The goal of the auctioneer is to determine reasonab…