The price of anarchy in auctions

T Roughgarden, V Syrgkanis, E Tardos - Journal of Artificial Intelligence …, 2017 - jair.org
This survey outlines a general and modular theory for proving approximation guarantees for
equilibria of auctions in complex settings. This theory complements traditional economic …

Putting renewable energy auctions into action–An agent-based model of onshore wind power auctions in Germany

V Anatolitis, M Welisch - Energy Policy, 2017 - Elsevier
The following analysis looks into auctions for renewable energy, specifically onshore wind
power in Germany. Following an agent-based modeling approach, the two most commonly …

No-regret learning in Bayesian games

J Hartline, V Syrgkanis… - Advances in Neural …, 2015 - proceedings.neurips.cc
Recent price-of-anarchy analyses of games of complete information suggest that coarse
correlated equilibria, which characterize outcomes resulting from no-regret learning …

Learning in auctions: Regret is hard, envy is easy

C Daskalakis, V Syrgkanis - 2016 ieee 57th annual symposium …, 2016 - ieeexplore.ieee.org
An extensive body of recent work studies the welfare guarantees of simple and prevalent
combinatorial auction formats, such as selling m items via simultaneous second price …

Price of anarchy for greedy auctions

B Lucier, A Borodin - Proceedings of the twenty-first annual ACM-SIAM …, 2010 - SIAM
We study mechanisms for utilitarian combinatorial allocation problems, where agents are not
assumed to be single-minded. This class of problems includes combinatorial auctions, multi …

The price of anarchy in large games

M Feldman, N Immorlica, B Lucier… - Proceedings of the forty …, 2016 - dl.acm.org
We present an analysis framework for bounding the price of anarchy (POA) in games that
have many players, as in many of the games most pertinent to computer science …

On the efficiency of the walrasian mechanism

M Babaioff, B Lucier, N Nisan… - Proceedings of the fifteenth …, 2014 - dl.acm.org
Central results in economics guarantee the existence of efficient equilibria for various
classes of markets. An underlying assumption in early work is that agents are price-takers …

Bayesian combinatorial auctions

G Christodoulou, A Kovács, M Schapira - Journal of the ACM (JACM), 2016 - dl.acm.org
We study the following simple Bayesian auction setting: m items are sold to n selfish bidders
in m independent second-price auctions. Each bidder has a private valuation function that …

Tight bounds for the price of anarchy of simultaneous first-price auctions

G Christodoulou, A Kovács, A Sgouritsa… - ACM Transactions on …, 2016 - dl.acm.org
We study the price of anarchy (PoA) of simultaneous first-price auctions (FPAs) for buyers
with submodular and subadditive valuations. The current best upper bounds for the …

Learning in Repeated Multiunit Pay-as-Bid Auctions

R Galgana, N Golrezaei - Manufacturing & Service …, 2024 - pubsonline.informs.org
Problem definition: Motivated by carbon emissions trading schemes (ETSs), Treasury
auctions, procurement auctions, and wholesale electricity markets, which all involve the …