Revenue Maximization Under Unknown Private Values with Nonobligatory Inspection
研究在买家不完全知晓自身价值时,如何设计最优销售机制以实现卖家收益最大化,对电商平台等场景有参考价值。
Rethinking Informational Assumptions in Mechanism Design Mechanism design has proven to be very effective is soliciting buyers’ incentives and finding the optimal way of allocating scares resources. A common assumption in classic mechanism design, however, is that buyers have full information about their values. Motivated by application in e-commerce, Alaei et al. (2024) consider settings without this assumption and finds the optimal selling mechanism for them.