Home

Settling the Efficiency of First Price Auction


Speaker

金耀楠, Huawei TCS Lab

Time

2023-12-05 10:30:00 ~ 2023-12-05 11:30:00

Location

电信群楼3-320会议室

Host

张驰豪

Abstract

We prove that the Price of Anarchy (PoA) and Price of Stability (PoS) of First Price Auctions are both 1−1/e2 ~= 0.8647, closing the gap between the best known bounds [0.7430, 0.8689].

 

Paper Links

https://arxiv.org/abs/2207.01761

https://arxiv.org/abs/2207.04455

Bio

Yaonan Jin is a full-time researcher at the Huawei TCS Lab. His research interests encompass Theoretical Computer Science, with an emphasis on Algorithmic Economics. Before joining Huawei, he obtained his PhD from Columbia University in 2023, advised by Prof. Xi Chen and Prof. Rocco Servedio. Before that, he obtained his MPhil from Hong Kong University of Science and Technology in 2019 and his BEng from Shanghai Jiao Tong University in 2017.

© John Hopcroft Center for Computer Science, Shanghai Jiao Tong University
分享到

地址:上海市东川路800号上海交通大学软件大楼专家楼
邮箱:jhc@sjtu.edu.cn 电话:021-54740299
邮编:200240