Matches in SemOpenAlex for { <https://semopenalex.org/work/W2247178391> ?p ?o ?g. }
Showing items 1 to 75 of
75
with 100 items per page.
- W2247178391 abstract "In quasi-proportional auctions, each bidder receives a fraction of the allocation equal to the weight of his bid divided by the sum of the weights of all bids, where a bid's weight is determined by a chosen weight function. We study the relationship between the weight function, bidders' private values, and the auctioneer's revenue in equilibrium. It has been shown that if one bidder has a much higher private value than the others, then the revenue-optimizing weight function is nearly flat. Essentially, threatening the bidder with the highest valuation to share the allocation of the rewards maximizes the auctioneer's revenue. We show that as bidder private values approach parity, the revenue-maximizing weight function becomes steeper, making the quasi-proportional auction more like a winner-take-all auction. For flatter weight functions, there is known to be a unique pure-strategy Nash equilibrium. We show that this also holds for steeper weight functions, at least in the two-bidder case. We also give some analysis and intuition about why this may hold for more bidders." @default.
- W2247178391 created "2016-06-24" @default.
- W2247178391 creator A5020075641 @default.
- W2247178391 creator A5021648197 @default.
- W2247178391 creator A5067555437 @default.
- W2247178391 date "2015-04-30" @default.
- W2247178391 modified "2023-09-27" @default.
- W2247178391 title "Selecting Weight Functions to Spur Competition in Quasi-Proportional Auctions." @default.
- W2247178391 cites W1541708866 @default.
- W2247178391 cites W1554763265 @default.
- W2247178391 cites W1910640298 @default.
- W2247178391 cites W1972221945 @default.
- W2247178391 cites W1987497363 @default.
- W2247178391 cites W2029050771 @default.
- W2247178391 cites W2037537744 @default.
- W2247178391 cites W2949798093 @default.
- W2247178391 hasPublicationYear "2015" @default.
- W2247178391 type Work @default.
- W2247178391 sameAs 2247178391 @default.
- W2247178391 citedByCount "0" @default.
- W2247178391 crossrefType "posted-content" @default.
- W2247178391 hasAuthorship W2247178391A5020075641 @default.
- W2247178391 hasAuthorship W2247178391A5021648197 @default.
- W2247178391 hasAuthorship W2247178391A5067555437 @default.
- W2247178391 hasConcept C10138342 @default.
- W2247178391 hasConcept C111472728 @default.
- W2247178391 hasConcept C132010649 @default.
- W2247178391 hasConcept C138885662 @default.
- W2247178391 hasConcept C144237770 @default.
- W2247178391 hasConcept C162324750 @default.
- W2247178391 hasConcept C163239763 @default.
- W2247178391 hasConcept C175444787 @default.
- W2247178391 hasConcept C186027771 @default.
- W2247178391 hasConcept C195487862 @default.
- W2247178391 hasConcept C33923547 @default.
- W2247178391 hasConcept C46814582 @default.
- W2247178391 hasConceptScore W2247178391C10138342 @default.
- W2247178391 hasConceptScore W2247178391C111472728 @default.
- W2247178391 hasConceptScore W2247178391C132010649 @default.
- W2247178391 hasConceptScore W2247178391C138885662 @default.
- W2247178391 hasConceptScore W2247178391C144237770 @default.
- W2247178391 hasConceptScore W2247178391C162324750 @default.
- W2247178391 hasConceptScore W2247178391C163239763 @default.
- W2247178391 hasConceptScore W2247178391C175444787 @default.
- W2247178391 hasConceptScore W2247178391C186027771 @default.
- W2247178391 hasConceptScore W2247178391C195487862 @default.
- W2247178391 hasConceptScore W2247178391C33923547 @default.
- W2247178391 hasConceptScore W2247178391C46814582 @default.
- W2247178391 hasLocation W22471783911 @default.
- W2247178391 hasOpenAccess W2247178391 @default.
- W2247178391 hasPrimaryLocation W22471783911 @default.
- W2247178391 hasRelatedWork W1002861754 @default.
- W2247178391 hasRelatedWork W1489035530 @default.
- W2247178391 hasRelatedWork W1966791326 @default.
- W2247178391 hasRelatedWork W2108274207 @default.
- W2247178391 hasRelatedWork W2123999179 @default.
- W2247178391 hasRelatedWork W2153685780 @default.
- W2247178391 hasRelatedWork W2227200853 @default.
- W2247178391 hasRelatedWork W2265392248 @default.
- W2247178391 hasRelatedWork W2266405092 @default.
- W2247178391 hasRelatedWork W2344659823 @default.
- W2247178391 hasRelatedWork W2738804617 @default.
- W2247178391 hasRelatedWork W2889538976 @default.
- W2247178391 hasRelatedWork W3121833102 @default.
- W2247178391 hasRelatedWork W3122803525 @default.
- W2247178391 hasRelatedWork W3123731727 @default.
- W2247178391 hasRelatedWork W3123780138 @default.
- W2247178391 hasRelatedWork W3133638418 @default.
- W2247178391 hasRelatedWork W3181446052 @default.
- W2247178391 hasRelatedWork W3206906097 @default.
- W2247178391 hasRelatedWork W40816075 @default.
- W2247178391 isParatext "false" @default.
- W2247178391 isRetracted "false" @default.
- W2247178391 magId "2247178391" @default.
- W2247178391 workType "article" @default.