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first show a lower bound on the competitive ratio and present an online optimal algorithm for the problem. While this … optimal algorithm has non-polynomial running time, we present another online polynomial-time near optimal algorithm for the … problem. Experimental results show that our online polynomial-time algorithm produces solutions very close to the offline …
Persistent link: https://www.econbiz.de/10011190815
We develop a Bayes–Nash analysis of the generalized second-price (GSP) auction, the multi-unit auction used by search … first. When an efficient equilibrium exists, we provide a necessary and sufficient condition for the auction revenue to …
Persistent link: https://www.econbiz.de/10010785200
This paper is concerned with the Online Quota Traveling Salesman Problem. Depending on the symmetry of the metric and the requirement for the salesman to return to the origin, four variants are analyzed. We present optimal deterministic algorithms for each variant defined on a general space, a...
Persistent link: https://www.econbiz.de/10010785317
social welfare. They persist in current auction-based PPA mechanisms, such as the ones used by Google, Yahoo!, and Microsoft …
Persistent link: https://www.econbiz.de/10010990608
processing times. We mainly propose an optimal ϕ-competitive online algorithm where ϕ ≥ 1 is a solution of equation ϕ3 + (α-1)ϕ2 …
Persistent link: https://www.econbiz.de/10011010797
, that is b < ∞. In this paper, we provide a best possible online algorithm for the problem with a competitive ratio of …
Persistent link: https://www.econbiz.de/10011010805
initially activated, and when a job is revealed the algorithm has the option to activate new machines. The objective is to … competitive ratios of 3/2 and 5/3 for m = 2, 3 cases, respectively. Then we present an online algorithm with a competitive ratio …
Persistent link: https://www.econbiz.de/10005047159
, the other on a completion-time formulation. We show their equivalence by proving that a O(n log n) greedy algorithm leads …
Persistent link: https://www.econbiz.de/10005065311
Yahoo! employ an auction mechanism wherein firms can bid, for a better placement in the (sponsored) search results, on …
Persistent link: https://www.econbiz.de/10005622707
This paper shows that the quality scores in sponsored search auctions can be optimally chosen to extract all the advertisers' surplus. The reason for the full extraction result is that the quality scores may effectively set all the bidders' valuations equal to the highest valuation, which...
Persistent link: https://www.econbiz.de/10005616522