The quantitative view of Myerson regularity

Arbeitspapier | Working paper

In mechanism design, Myerson regularity is often too weak for a quantitative analysis of performance. For instance, ratios between revenue and welfare, or sales probabilities may vanish at the boundary of Myerson regularity. This paper therefore explores the quantitative version of Myerson regularity, which we call λ-regularity. It measures how Myerson regular a distribution is. In doing so, we unify separate literatures in economics, computer science, applied mathematics and statistics. The concept has appeared before, e.g., under the names of ρ-concavity and α-strong-regularity. We provide many new results for quantitative auction and mechanism design. (author's abstract)

Object Details

• Extent: Seite(n): 35
• Language: Englisch
• Notes: Status: Veröffentlichungsversion; begutachtet

References and Relationships

• Bibliographic citation: Discussion Papers / Wissenschaftszentrum Berlin für Sozialforschung, Forschungsschwerpunkt Markt und Entscheidung, Abteilung Ökonomik des Wandels (SP II 2015-307)

Classification and Topics

• Subject: Wirtschaft ; Allgemeines, spezielle Theorien und Schulen, Methoden, Entwicklung und Geschichte der Wirtschaftswissenschaften ; Marktmechanismus ; Design ; Analyse ; Leistung ; Quantität ; Verteilung ; Auktion

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Schweizer, Nikolaus ; Szech, Nora
• Event: Veröffentlichung
• (who): Wissenschaftszentrum Berlin für Sozialforschung gGmbH
• (where): Deutschland, Berlin
• (when): 2015

Further information

• Handle: http://hdl.handle.net/10419/125559
• Last update: 21.06.2024, 4:27 PM CEST