In a duopoly with lotteries, a Stackelberg leader offering one lottery guarantees 1/4 of monopoly revenue for regular distributions, and in the worst case no leader can guarantee more than 1/e.
Price competition in online combinatorial markets
1 Pith paper cite this work. Polarity classification is still indexing.
1
Pith paper citing it
fields
cs.GT 1years
2025 1verdicts
CONDITIONAL 1representative citing papers
citing papers explorer
-
Approximately Optimal Mechanism Design for Competing Sellers
In a duopoly with lotteries, a Stackelberg leader offering one lottery guarantees 1/4 of monopoly revenue for regular distributions, and in the worst case no leader can guarantee more than 1/e.