Signaling in Posted Price Auctions

Authors: Matteo Castiglioni, Giulia Romano, Alberto Marchesi, Nicola Gatti4941-4948

AAAI 2022 | Conference PDF | Archive PDF | Plain Text | LLM Run Details

Reproducibility Variable Result LLM Response
Research Type Theoretical As a first step, we prove that, in both settings, the problem of maximizing the seller s revenue does not admit an FPTAS unless P = NP, even for basic instances with a single buyer. As a result, in the rest of the paper, we focus on designing PTASs. In order to do so, we first introduce a unifying framework encompassing both public and private signaling, whose core result is a decomposition lemma that allows focusing on a finite set of possible buyers posteriors. This forms the basis on which our PTASs are developed. In particular, in the public signaling setting, our PTAS employs some ad hoc techniques based on linear programming, while our PTAS for the private setting relies on the ellipsoid method to solve an exponentially-sized LP in polynomial time.
Researcher Affiliation Academia Politecnico di Milano, Piazza Leonardo da Vinci 32, I-20133, Milan, Italy {matteo.castiglioni, giulia.romano, alberto.marchesi, nicola.gatti}@polimi.it
Pseudocode Yes Algorithm 1: FIND-APX-PRICES
Open Source Code No The paper does not provide any statement about releasing source code or a link to a code repository.
Open Datasets No The paper does not specify the use of a public or open dataset for training, nor does it provide concrete access information for any dataset. It's a theoretical paper.
Dataset Splits No The paper does not provide specific details about training/validation/test dataset splits. This is a theoretical paper.
Hardware Specification No The paper does not describe any specific hardware used for running experiments. This is a theoretical paper.
Software Dependencies No The paper does not provide specific software dependencies with version numbers.
Experiment Setup No The paper does not provide specific experimental setup details such as hyperparameters or system-level training settings. This is a theoretical paper focused on algorithm design and proofs.