On Revenue Optimal Combinatorial Auctions - IFP Group at the ...
On Revenue Optimal Combinatorial Auctions - IFP Group at the ...
On Revenue Optimal Combinatorial Auctions - IFP Group at the ...
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Simplifying OAP<br />
<strong>Revenue</strong>(π) maximum revenue to <strong>the</strong> seller for a given π,<br />
[ N<br />
]<br />
∑<br />
= E q n (X n )w n (X n ) (from single buyer analysis),<br />
n=1<br />
[ ∑<br />
= E π A (X) ( ∑<br />
w n (X n ) )] (by rel<strong>at</strong>ing q n ’s to π).<br />
A∈A<br />
n∈A