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cs.GT2022★ 4 cited
Efficiency of the First-Price Auction in the Autobidding World
Yuan Deng, Jieming Mao, Vahab Mirrokni +2
We study the price of anarchy of the first-price auction in the autobidding world, where bidders can be either utility maximizers (i.e., traditional bidders) or value maximizers (i…
cs.DS2022
Regret Minimization with Noisy Observations
Mohammad Mahdian, Jieming Mao, Kangning Wang
In a typical optimization problem, the task is to pick one of a number of options with the lowest cost or the highest value. In practice, these cost/value quantities often come thr…