Simple mechanisms achieve arbitrary approximation to optimal revenue for bounded-support distributions with private budgets but cannot guarantee any positive fraction of optimal revenue for unbounded supports or certain bounded distributions, even under independence.
Up in the Air: GTE’s Experience in the MTA Auction for Personal Communication Services Licenses.Journal of Economics & Management Strategy, 6(3):549– 572
1 Pith paper cite this work. Polarity classification is still indexing.
1
Pith paper citing it
fields
cs.GT 1years
2026 1verdicts
UNVERDICTED 1representative citing papers
citing papers explorer
-
Evaluating the Performance of Approximation Mechanisms under Budget Constraints
Simple mechanisms achieve arbitrary approximation to optimal revenue for bounded-support distributions with private budgets but cannot guarantee any positive fraction of optimal revenue for unbounded supports or certain bounded distributions, even under independence.