What are the future directions for research in mechanism design and its applications?

Oct 19, 2022 ... We study reserve price optimization in multi-phase second price auctions, where seller's prior actions affect the bidders' later valuations ... Mar 6, 2023 ... Amazon using the second-price auction appears to be an assumption. It's assumed based on the fact that we know they don't use first-auction. Abstract. We consider equilibrium bidding behavior in a dynamic second price auction where agents have the option to increase bids at random times and values ... Jul 12, 2022 ... A second-price auction is an ad bidding model where the top bidder pays $0.01 more than the second-highest bidder. Jan 14, 2022 ... ... second-price” auctions to place ads across the web. In a second-price auction, the highest bidder wins, but only has to pay whatever the ... Aug 18, 2021 ... The second price auction has been the prevalent auction format used by advertising exchanges because of its simplicity and desir- able ... In 1797 Johann Wolfgang von Goethe sold a manuscript through a second-price auction. We investigate Goethe's motivation in the context of the late eighteenth ... May 31, 2022 ... Walmart's advanced second-price auction is designed to prioritize ad relevancy. The winning item is based on the highest relevance and then the cost-per-click ... Sep 12, 2019 ... How does Criteo handle first-price, second-price, and hybrid auctions? As an early pioneer of header bidding with its own monetizing technology ... May 6, 2016 ... Without transparency in second-price auctions, exchanges can potentially submit fake bids or deliberately manipulate clearing prices without ...