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OpenAccess: Closed
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Revenue prediction in budget-constrained sequential auctions with complementarities (Extended Abstract)

Sicco Verwer,Yingqian Zhang

Common value auction
Revenue
Sequence (biology)
2012
When multiple items are auctioned sequentially, the ordering of auctions plays an important role in the total revenue collected by the auctioneer. When historical data are available, it is possible to learn a model in order to predict the outcome of a given sequence. In this work, we show how to construct such a model, and provide methods that nds a good sequence for a new set of items given the learned model. We develop an auction simulator and design several experiment settings to test the performance of the proposed methods.
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    Revenue prediction in budget-constrained sequential auctions with complementarities (Extended Abstract)” is a paper by Sicco Verwer Yingqian Zhang published in 2012. It has an Open Access status of “closed”. You can read and download a PDF Full Text of this paper here.