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Optimal Diffusion Auctions
2024-08-23
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摘要

Diffusion auction design is a new trend in mechanism design for which the main goal is to incentivize existing buyers to invite new buyers, who are their neighbors on a social network, to join an auction even though they are competitors. With more buyers, a diffusion auction will be able to give a more efficient allocation and receive higher revenue. Existing studies have proposed many interesting diffusion auctions to attract more buyers, but the seller's revenue is not optimized. Hence, in this study, we investigate what optimal revenue the seller can achieve by attracting more buyers. Different from the traditional setting, the revenue that can be achieved in a diffusion auction highly relies on the structure of the network. Hence, we focus on optimal auctions with given classes of underlying networks. We propose a class of mechanisms, where for any given structure, an optimal diffusion mechanism can be found. We point out that it implies an idea of "reserve structure". Moreover, we show that an optimal mechanism that handles all structures does not exist. Therefore, we also propose mechanisms that have bounded approximations of the optimal revenue in all structures.

DOIarXiv:2302.02580
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出处Arxiv
WOS记录号PPRN:91525409
WOS类目Computer Science, Theory& Methods
文献类型预印本
条目标识符https://kms.shanghaitech.edu.cn/handle/2MSLDSTB/415914
专题信息科学与技术学院_博士生
信息科学与技术学院_PI研究组_赵登吉组
信息科学与技术学院_硕士生
通讯作者Zhang, Yao
作者单位
ShanghaiTech Univ, Shanghai, Peoples R China
推荐引用方式
GB/T 7714
Zhang, Yao,Zheng, Shanshan,Zhao, Dengji. Optimal Diffusion Auctions. 2024.
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