Game Theory & Math Economics: Sergui Hart - "Much Too Good To Be True: Lotteries and the Complexity of Auctions"

We consider the problem of maximizing the revenue from selling a number of goods to a single buyer. In this talk we will focus on the need for randomization (which arises only when there are multiple goods), and on the "menu-size" as a measure of auction complexity which affects the revenue. (All the relevant concepts will be introduced in the talk.)

Paper 1
Paper 2
Paper 3

Date: 

Sun, 28/10/2012 - 16:00 to 18:00

Location: 

Elath Hall, 2nd floor, Feldman Building, Edmond J. Safra Campus