Buyer-offering mechanisms with reserve prices achieve a 0.746-approximation to welfare in bilateral trade, surpassing fixed-price limits.
Preston McAfee
2 Pith papers cite this work. Polarity classification is still indexing.
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In non-modular polymatroidal service markets, revenue-optimal DSIC mechanisms cannot also be credible for strategic operators, with tight welfare-loss bounds on the Cost of Non-Credibility across network topologies.
citing papers explorer
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Welfare Maximization in Bilateral Trade: Improved Approximation Guarantees Beyond the Fixed Price Barrier
Buyer-offering mechanisms with reserve prices achieve a 0.746-approximation to welfare in bilateral trade, surpassing fixed-price limits.
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Credibility Trilemma in Polymatroidal Service Markets
In non-modular polymatroidal service markets, revenue-optimal DSIC mechanisms cannot also be credible for strategic operators, with tight welfare-loss bounds on the Cost of Non-Credibility across network topologies.