5 papers · 1 filter
Competing Auctions in Intermediated Markets
Bruno Mazorra, Minghao Pan, Christoph Schlegel
We analyze competing auctions in intermediated markets, where a seller selects among parallel mechanisms for the sale of a single good, most prominently the relay-and-protocol arch…
The Price of Decentralization in Block Building
Burak Öz, Burak Ãz, Fei Wu +4
Decentralized block building mechanisms replace the monopoly of a single proposer with multiple builders. However, their censorship-resistance and fair-access benefits depend not o…
Timing Games: Probabilistic backrunning and spam
Bruno Mazorra, Christoph Schlegel, Akaki Mamageishvili
There are players who compete by timing their actions. An opportunity appears randomly on a time interval. Whoever takes an action the fastest after the opportunity has arisen…
The Free Option Problem of ePBS
Bruno Mazorra, Burak Ãz, Christoph Schlegel +1
Ethereum's upcoming Glamsterdam upgrade introduces EIP-7732 enshrined Proposer--Builder Separation (ePBS), which improves the block production pipeline by addressing trust and scal…
On the optimality of Shapley mechanism for funding public excludable goods under Sybil strategies
Bruno Mazorra
In the realm of cost-sharing mechanisms, the vulnerability to Sybil strategies -- also known as false-name strategies, where agents create fake identities to manipulate outcomes --…