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Deterministic Auctions and (In)Competitiveness

Deterministic Auctions and (In)Competitiveness. Proof sketch: Show that for any 1 ?m?n there exists a bid vector b such that. Theorem: Let A f be any symmetric deterministic auction defined by the bid-independent function f. Then A f is not competitive.

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Bounded supply - PowerPoint PPT Presentation

Deterministic Auctions and (In)Competitiveness