Price of Fairness on Networked Auctions
We consider an auction design problem under network flow constraints. We focus on pricing mechanisms that provide fair solutions, where fairness is defined in absolute and relative terms. The absolute fairness is equivalent to “no individual losses” assumption. The relative fairness can be verbalize...
Main Author: | |
---|---|
Format: | Article |
Language: | English |
Published: |
Hindawi Limited
2014-01-01
|
Series: | Journal of Applied Mathematics |
Online Access: | http://dx.doi.org/10.1155/2014/860747 |