Posted Pricing sans Discrimination

Authors: Shreyas Sekar

IJCAI 2017 | Conference PDF | Archive PDF | Plain Text | LLM Run Details

Reproducibility Variable Result LLM Response
Research Type Theoretical Our main contribution is a framework for static item pricing in the face of production costs, i.e., the seller posts one price per good and buyers arrive sequentially and purchase utility-maximizing bundles. The framework yields constant factor approximations to the optimum welfare when buyer valuations are fractionally subadditive, and extends to settings where the seller is completely oblivious to buyer valuations. Our results indicate that even in markets with complex buyer valuations and nonlinear costs, it is possible to obtain good guarantees without price discrimination, i.e., charging buyers differently for the same good.
Researcher Affiliation Academia Shreyas Sekar Rensselaer Polytechnic Institute, Troy, NY-12180 shreyas.sekar@gmail.com
Pseudocode Yes Algorithm 1 Allocation Algorithm for Xo S buyers
Open Source Code No The paper does not provide any statement or link indicating the availability of open-source code for the described methodology.
Open Datasets No The paper is theoretical and focuses on mechanism design and approximation algorithms. It does not describe experiments using publicly available datasets for training or evaluation.
Dataset Splits No The paper is theoretical and does not involve experimental validation with dataset splits for training, validation, or testing.
Hardware Specification No The paper is theoretical and does not describe any experimental setup or the hardware used to run experiments.
Software Dependencies No The paper is theoretical and does not specify any software dependencies with version numbers for experimental reproducibility.
Experiment Setup No The paper is theoretical and does not describe an experimental setup with hyperparameters or system-level training settings.