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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<strong>Revenue</strong> vs Efficiency - Example 2<br />
The buyer with <strong>the</strong> highest valu<strong>at</strong>ion need not win:<br />
Buyer 1 Buyer 2<br />
1/2 1/2 1/2 1/2<br />
$5 $10 $1 $2