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Bibliographic Details
Main Authors: Peis, Britta, Rieken, Niklas
Format: Preprint
Published: 2024
Subjects:
Online Access:https://arxiv.org/abs/2404.12121
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Table of 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.