market design

Erratum to “Online Allocation and Pricing: Constant Regret via Bellman Inequalities”

Theorem 3 of Vera et al. (2021) states a constant regret result for a menu-pricing problem. This erratum preserves theorem 3 but revises its proof and adds a uniqueness requirement. The revision has implications also for the assortment problem in …

Robust Resource Allocation via Competitive Subsidies

A canonical setting for non-monetary online resource allocation is one where agents compete over multiple rounds for a single item per round, with i.i.d. valuations and additive utilities across rounds. With n symmetric agents, a natural benchmark …

Robust equilibria in shared resource allocation via strengthening Border's theorem

We consider repeated allocation of a shared resource via a non-monetary mechanism, wherein a single item must be allocated to one of multiple agents in each round. We assume that each agent has i.i.d. values for the item across rounds, and additive …

Dynamic Allocation of Public Goods with Approximate Core Equilibria

We consider the problem of repeatedly allocating multiple shareable public goods that have limited availability in an online setting without the use of money. In our setting, agents have additive values, and the value each agent receives from getting …

Online Resource Sharing: Better Robust Guarantees via Randomized Strategies

We study the problem of fair online resource allocation via non-monetary mechanisms, where multiple agents repeatedly share a resource without monetary transfers. Previous work has shown that every agent can guarantee $1/2$ of their ideal utility …

The Price of Competitive Information Disclosure

In many decision-making scenarios, individuals strategically choose what information to disclose to optimize their own outcomes. It is unclear whether such strategic information disclosure can lead to good societal outcomes. To address this question, …

Allocating Public Goods via Dynamic Max-Min Fairness: Long-Run Behavior and Competitive Equilibria

Dynamic max-min fair allocation (DMMF) is a simple and popular mechanism for the repeated allocation of a shared resource among competing agents: in each round, each agent can choose to request or not for the resource, which is then allocated to the …

Price Competition Under A Consider-Then-Choose Model With Lexicographic Choice

The sorting and filtering capabilities offered by modern e-commerce platforms significantly impact customers' purchase decisions, as well as the resulting prices set by competing sellers on these platforms. Motivated by this practical reality, we …

Fair price discrimination

A seller is pricing identical copies of a good to a stream of unit-demand buyers. Each buyer has a value on the good as his private information. The seller only knows the empirical value distribution of the buyer population and chooses the …

Plan your system and price for free: Fast algorithms for multimodal transit operations

We study the problem of jointly pricing and designing a smart transit system, where a transit agency (the platform) controls a fleet of demand-responsive vehicles (cars) and a fixed line service (buses). The platform offers commuters a menu of …