Regret Minimization for Reserve Prices in Second-Price Auctions

被引:0
|
作者
Cesa-Bianchi, Nicolo [1 ]
Gentile, Claudio [2 ]
Mansour, Yishay [3 ]
机构
[1] Univ Milan, Dept Comp Sci, Milan, Italy
[2] Univ Insubria, Dipartimento Sci Teor & Appl, Varese, VA, Italy
[3] Tel Aviv Univ, Sch Comp Sci, Tel Aviv, Israel
关键词
D O I
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中图分类号
TP301 [理论、方法];
学科分类号
081202 ;
摘要
We show a regret minimization algorithm for setting the reserve price in second-price auctions. We make the assumption that all bidders draw their bids from the same unknown and arbitrary distribution. Our algorithm is computationally efficient, and achieves a regret of (O) over tilde(root T), even when the number of bidders is stochastic with a known distribution.
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页码:1190 / 1204
页数:15
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