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| Main Authors: | , |
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| Format: | Preprint |
| Published: |
2024
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| Subjects: | |
| Online Access: | https://arxiv.org/abs/2404.12121 |
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| _version_ | 1866916493530234880 |
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| author | Peis, Britta Rieken, Niklas |
| author_facet | Peis, Britta Rieken, Niklas |
| contents | 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 for economic efficiency and the charge of Vickrey prices only require a few matroid folklore theorems, therefore shortening the analysis of the design goals of the auction significantly. |
| format | Preprint |
| id |
arxiv_https___arxiv_org_abs_2404_12121 |
| institution | arXiv |
| publishDate | 2024 |
| record_format | arxiv |
| spellingShingle | A Simplified Analysis of the Ascending Auction to Sell a Matroid Base Peis, Britta Rieken, Niklas Computer Science and Game Theory 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 for economic efficiency and the charge of Vickrey prices only require a few matroid folklore theorems, therefore shortening the analysis of the design goals of the auction significantly. |
| title | A Simplified Analysis of the Ascending Auction to Sell a Matroid Base |
| topic | Computer Science and Game Theory |
| url | https://arxiv.org/abs/2404.12121 |