CANCELLED: ARC Colloquium: Divyarthi Mohan (Tel Aviv University)

Algorithms & Randomness Center (ARC)

Divyarthi Mohan (Tel Aviv University)

Monday, January 10, 2022

Klaus 1116 - 11:00 am

 

Title:  Simplicity and Optimality in Multi-Item Auctions

Abstract:  Designing mechanisms to maximize revenue is a fundamental problem in mathematical economics and has various applications like online ad auctions and spectrum auctions. Unfortunately, optimal auctions for selling multiple items can be unreasonably complex and computationally intractable. In this talk, we consider a revenue-maximizing seller with n items facing a single unit-demand buyer. Our work shows that simple mechanisms can achieve almost optimal revenue. We approached the tradeoffs of simplicity formally through the lens of computation and menu size. Our main result provides a mechanism that gets a (1 − ε)-approximation to the optimal revenue in time quasi-polynomial in n and has quasi polynomial (symmetric) menu complexity.
 
Joint work with Pravesh Kothari, Ariel Schvartzman, Sahil Singla, and Matt Weinberg.

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Speaker's Webpage

Videos of recent talks are available at: https://smartech.gatech.edu/handle/1853/46836

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Event Details

Date/Time:

  • Monday, January 10, 2022
    11:00 am - 12:00 pm
Location: Klaus 1116