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洞察 - Procurement Auctions
Procurement Auctions for Submodular Value Functions: Designing Efficient and Incentive-Compatible Mechanisms
This paper explores the design of computationally efficient procurement auctions that maximize social welfare when an auctioneer seeks to acquire services from strategic sellers, leveraging submodular optimization algorithms to create mechanisms that are incentive-compatible, individually rational, and guarantee non-negative surplus for the auctioneer.
Optimal Procurement Design with Scoring and Favoritism: Balancing Efficiency and Investment Costs
When procurement involves both winner-pay production costs and all-pay investment costs, optimal mechanisms may involve a degree of favoritism, balancing ex-post efficiency with the minimization of duplicated investment costs.
