Two (!) Good To Be True
(A Presentation)
Sergiu Hart
Acrobat PDF file
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Acrobat PDF file
|
February 2012
Revised: May 2012, July 2012, October 2012, June 2013, May 2014,
June 2017, June 2024
How to sell goods optimally? While the mechanism-design literature has
solved this problem neatly when there is only one good, the multiple
goods
case turns out to be extremely difficult, mathematically and
conceptually.
Much of what is true for one good does not extend to multiple goods.
We
will try to explain the difficulties, show what can go wrong, and then
present some universal approximation results. The talk is essentially
self-contained; no background in mechanism design is necessary.
Papers:
Some technical
information on the presentation
Last modified:
© Sergiu Hart