DONN BENNETT DRUM STUDIO posted Dashboard Mechanisms for Online Marketplaces DONN BENNETT DRUM STUDIO Overlake - Bellevue:

Dashboard Mechanisms for Online Marketplaces

This paper gives a theoretical model for design and analysis of mechanisms
for online marketplaces where a bidding dashboard enables the bid-optimization
of long-lived agents. We assume that a good allocation algorithm exists when
given the true values of the agents and we develop online winner-pays-bid and
all-pay mechanisms that implement the same outcome of the algorithm with the
aid of a bidding dashboard. The bidding…

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