Optimal dynamic mechanisms with ex-post IR via bank accounts

  title={Optimal dynamic mechanisms with ex-post IR via bank accounts},
  author={Vahab S. Mirrokni and Renato Paes Leme and Pingzhong Tang and Song Zuo},
Lately, the problem of designing multi-stage dynamic mechanisms has been shown to be both theoretically challenging and practically important. In this paper, we consider the problem of designing revenue optimal dynamic mechanism for a setting where an auctioneer sells a set of items to a buyer in multiple stages. At each stage, there could be multiple items for sale but each item can only appear in one stage. The type of the buyer at each stage is thus a multi-dimensional vector characterizing… CONTINUE READING

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