Optimal dynamic mechanism design via a virtual VCG mechanism

Abstract

We consider the problem of designing revenue maximizing mechanisms for dynamic settings. We propose a simple optimal mechanism for rather general "separable" settings. The proposed mechanism is implemented via an affine transformation of a dynamic VCG mechanism. 
DOI: 10.1145/1978721.1978728

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Cite this paper

@article{Kakade2011OptimalDM, title={Optimal dynamic mechanism design via a virtual VCG mechanism}, author={Sham M. Kakade and Ilan Lobel and Hamid Nazerzadeh}, journal={SIGecom Exchanges}, year={2011}, volume={10}, pages={27-30} }