Novel Mechanisms For Allocation Of Heterogeneous Items In Strategic Settings
Electronic Theses of Indian Institute of Science
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Title |
Novel Mechanisms For Allocation Of Heterogeneous Items In Strategic Settings
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Creator |
Prakash, Gujar Sujit
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Subject |
Investments (Economics)- Allocation
Mechanism Design Theory Heterogeneous Objects Dynamic House Allocation Multi-Unit Combinatorial Auctions Optimal Combinatorial Auctions Dynamic Matching Multi-Armed Bandit Mechanisms Two-Sided Markets Financial Economics |
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Description |
Allocation of objects or resources to competing agents is a ubiquitous problem in the real world. For example, a federal government may wish to allocate different types of spectrum licenses to telecom service providers; a search engine has to assign different sponsored slots to the ads of advertisers; etc. The agents involved in such situations have private preferences over the allocations. The agents, being strategic, may manipulate the allocation procedure to get a favourable allocation. If the objects to be allocated are heterogeneous (rather than homogeneous), the problem becomes quite complex. The allocation problem becomes even more formidable in the presence of a dynamic supply and/or demand. This doctoral work is motivated by such problems involving strategic agents, heterogeneous objects, and dynamic supply and/or demand. In this thesis, we model such problems in a standard game theoretic setting and use mechanism design to propose novel solutions to the problems. We extend the current state-of-the-art in a non-trivial way by solving the following problems: Optimal combinatorial auctions with single minded bidders, generalizing the existing methods to take into account multiple units of heterogeneous objects Multi-armed bandit mechanisms for sponsored search auctions with multiple slots, generalizing the current methods that only consider a single slot. Strategyproof redistribution mechanisms for heterogeneous objects, expanding the scope of the current state of practice beyond homogeneous objects Online allocation mechanisms without money for one-sided and two-sided matching markets, extending the existing methods for static settings. |
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Contributor |
Narahari, Y
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Date |
2012-04-20T10:09:30Z
2012-04-20T10:09:30Z 2012-04-20 2010-10 |
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Type |
Thesis
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Identifier |
http://etd.iisc.ernet.in/handle/2005/1654
http://etd.ncsi.iisc.ernet.in/abstracts/2145/G24693-Abs-.pdf |
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Language |
en_US
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Relation |
G24693
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