Mostra el registre d'ítem simple
On the stability of generalized second price auctions with budgets
dc.contributor.author | Díaz Cort, Josep |
dc.contributor.author | Giotis, Ioannis |
dc.contributor.author | Kirousis, Lefteris |
dc.contributor.author | Markakis, Evangelos |
dc.contributor.author | Serna Iglesias, María José |
dc.contributor.other | Universitat Politècnica de Catalunya. Departament de Ciències de la Computació |
dc.date.accessioned | 2015-08-28T11:00:33Z |
dc.date.available | 2015-08-28T11:00:33Z |
dc.date.created | 2014 |
dc.date.issued | 2014 |
dc.identifier.citation | Diaz, J., Giotis, I., Kirousis, L., Markakis, E., Serna, M. On the stability of generalized second price auctions with budgets. A: Latin American Symposium on Theoretical Informatics. "LATIN 2014: Theoretical Informatics - 11th Latin American Symposium, Montevideo, Uruguay, March 31 - April 4, 2014. Proceedings.". Montevideo: Springer, 2014, p. 695-706. |
dc.identifier.isbn | 978-3-642-54422-4 |
dc.identifier.uri | http://hdl.handle.net/2117/76532 |
dc.description.abstract | The Generalized Second Price (GSP) auction used typically to model sponsored search auctions does not include the notion of budget constraints, which is present in practice. Motivated by this, we introduce the different variants of GSP auctions that take budgets into account in natural ways. We examine their stability by focusing on the existence of Nash equilibria and envy-free assignments. We highlight the differences between these mechanisms and find that only some of them exhibit both notions of stability. This shows the importance of carefully picking the right mechanism to ensure stable outcomes in the presence of budgets. |
dc.format.extent | 12 p. |
dc.language.iso | eng |
dc.publisher | Springer |
dc.rights.uri | http://creativecommons.org/licenses/by-nc-nd/3.0/es/ |
dc.subject | Àrees temàtiques de la UPC::Informàtica |
dc.title | On the stability of generalized second price auctions with budgets |
dc.type | Conference report |
dc.contributor.group | Universitat Politècnica de Catalunya. ALBCOM - Algorismia, Bioinformàtica, Complexitat i Mètodes Formals |
dc.identifier.doi | 10.1007/978-3-642-54423-1_60 |
dc.description.peerreviewed | Peer Reviewed |
dc.relation.publisherversion | http://dx.doi.org/10.1007/978-3-642-54423-1_60 |
dc.rights.access | Open Access |
local.identifier.drac | 15537605 |
dc.description.version | Postprint (author’s final draft) |
local.citation.author | Diaz, J.; Giotis, I.; Kirousis, L.; Markakis, E.; Serna, M. |
local.citation.contributor | Latin American Symposium on Theoretical Informatics |
local.citation.pubplace | Montevideo |
local.citation.publicationName | LATIN 2014: Theoretical Informatics - 11th Latin American Symposium, Montevideo, Uruguay, March 31 - April 4, 2014. Proceedings. |
local.citation.startingPage | 695 |
local.citation.endingPage | 706 |