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TR11-172 | 20th December 2011
Yang Cai, Constantinos Daskalakis, S. Matthew Weinberg

An Algorithmic Characterization of Multi-Dimensional Mechanisms

We obtain a characterization of feasible, Bayesian, multi-item multi-bidder mechanisms with independent, additive bidders as distributions over hierarchical mechanisms. Combined with cyclic-monotonicity our results provide a complete characterization of feasible, Bayesian Incentive Compatible mechanisms for this setting.

Our characterization is enabled by a novel, constructive proof of Border's theorem [Border ... more >>>




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