Improved Revenue Bounds for Posted-Price and Second-Price Mechanisms
<jats:p> How to optimize posted price mechanisms? </jats:p><jats:p> The sequential posted-price (SPP) mechanism is one of the widely used selling mechanisms in practice. In this mechanism, the seller presents each buyer with a price sequentially and the buyer can either accept or r...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Institute for Operations Research and the Management Sciences (INFORMS),
2022-08-01T14:42:47Z.
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| Subjects: | |
| Online Access: | Get fulltext |