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A Multi Dimensional Online Contention Resolution Scheme
Explore a multi-dimensional online contention resolution scheme that achieves logarithmic approximation in multi-buyer revenue maximization through strategic item pricing.
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Multi-buyer revenue maximization with item pricing can achieve logarithmic approximation compared to optimal ex-ante mechanisms
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For subadditive valuations, there exists a logarithmic factor gap between sequential item pricing and ex-ante item pricing revenue
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Key technical innovation is development of a new Online Contention Resolution Scheme (OCRS) that handles revenue objectives
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Ex-ante relaxation allows allocating items with certain probabilities while satisfying supply constraints in expectation rather than strictly
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For gross substitutes valuations, single pricing achieves constant factor approximation while XOS valuations require logarithmic factors
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Non-availability of items can significantly shift buyer preferences and complicate revenue extraction
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Algorithm works by factoring multi-buyer problems into single buyer components while maintaining allocation probabilities
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Supply constraints are handled by proactively removing items to prevent over-allocation
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Important assumption is independence of value distributions across buyers (but correlation across items for same buyer is allowed)
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Open questions remain around tightness of bounds, handling correlated values between buyers, and improving approximation factors for special cases like submodular valuations