PPT-Near - Optimal Simple and Prior-Independent Auctions

Tim Roughgarden Stanford 2 Motivation Optimal auction design whats the point One primary reason suggests auction formats likely to perform well in practice Exhibit A singleitem . copysoftcomau 02 9899 4044 Independent Software Duplication A Simple Guide to CDROM Authoring and Production Much of the following information is also applicabl e to DVDs when used as the carrying medium for computer data CDROMs are still an economic Petar. . Petrov. ECON 1465, Fall 2010 . Brown University. What is a Treasury. U.S. Government debt obligations backed by its full faith and credit. Bills (< 1y), Notes (1-5y), Bonds (>5y), TIPS. Robust Approximation Bounds for . Equilibria. and Auctions. Tim . Roughgarden. Stanford University. 2. Motivation. Clearly: . many modern applications in CS involve autonomous, self-interested agents. Ramki. . Gummadi. . Stanford . University. . (Based on joint work with P. Key and A. . Proutiere. ). Overview. Introduction/Motivation. Budgeted Second Price Auctions. A General . O. nline . B. udgeting . Buy it Now . Gabi Lewis & Jason Lee. What are Penny Auctions?. “Win an Ipad for $40!”. Auction Format. Bid packages, bid fees, price increments, timer.. Auction or Lottery?. Winner usually pays far less than value.. The Past, Present and Future. Auctus. “Auction” derives from the Latin word “Auctus” which means “increasing”. . Babylon . 500 B.C.. The First Auctions. Women were auctioned off as wives. Constantinos Daskalakis. EECS, MIT. Reference:. Yang . Cai. , Constantinos Daskalakis and Matt Weinberg: . An Algorithmic Characterization of Multi-Dimensional . Mechanisms. , . STOC 2012. .. http://eccc.hpi-web.de/report/2011/172. 1. © 2012 Insurance Auto Auctions, Inc. Confidential and proprietary information. Do not copy, reproduce or distribute without the prior written consent of Insurance Auto Auctions. . Brian Kasper. IT Project Manager. Vasilis Syrgkanis. Microsoft Research, New England. Points of interaction. Mechanism design and analysis for learning agents. Online learning as behavioral model in auctions. Learning good mechanisms from data. Use . a comma . when independent clauses are connected . with a coordinating conjunction. . . The . coordinating conjunctions . are . for, and, nor, but, or, yet, and so (FANBOYS). . Examples. :. I missed the bus. Outline. What they are. How they work. Who uses them. History. ?. DEBT. The U.S. national debt is approximately . $ 16.7 TRILLION. .. We fund this debt through the sale of securities.. Treasury Auctions . Penny Auctions & Buy it Now Gabi Lewis & Jason Lee What are Penny Auctions? “Win an Ipad for $40!” Auction Format Bid packages, bid fees, price increments, timer. Auction or Lottery? Winner usually pays far less than value. Vasilis Syrgkanis. Microsoft Research, New England. Non truthful auctions are ubiquitous. We need to develop theoretical tools to analyze the quality of their outcomes. Three Challenging Settings in Auction Analysis. consists of one independent clause.. Clause: group . of words with a subject and a . predicate. Independent - strong. , stands alone. Dependent - weak. , needs . support. Examples. The students yawned..