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Hats,auctions and derandomization
Authors:Oren Ben‐Zwi  Ilan Newman  Guy Wolfovitz
Affiliation:1. Faculty of Computer Science, University of Vienna, Vienna, Austria;2. Department of Computer Science, University of Haifa, Haifa, Israel
Abstract:We investigate derandomizations of digital good randomized auctions. We propose a general derandomization method which can be used to show that for every random auction there exists a deterministic auction having asymptotically the same revenue. In addition, we construct an explicit optimal deterministic auction for bi‐valued auctions. © 2013 Wiley Periodicals, Inc. Random Struct. Alg., 46, 478–493, 2015
Keywords:derandomizing auctions  hat games  bi‐valued auctions  digital good auctions  unlimited supply auctions
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