Revenue Maximization and Ex-Post Budget Constraints

Abstract

We consider the problem of a revenue-maximizing seller with $m$ items for sale to $n$ additive bidders with hard budget constraints, assuming that the seller has some prior distribution over bidder values and budgets. The prior may be correlated across items and budgets of the same bidder, but is assumed independent across bidders. We target mechanisms that… (More)
DOI: 10.1145/2764468.2764521

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