iBet uBet web content aggregator. Adding the entire web to your favor.
iBet uBet web content aggregator. Adding the entire web to your favor.



Link to original content: https://api.openalex.org/works/doi:10.1145/3331033.3331040
{"id":"https://openalex.org/W2963870160","doi":"https://doi.org/10.1145/3331033.3331040","title":"An improved welfare guarantee for first-price auctions","display_name":"An improved welfare guarantee for first-price auctions","publication_year":2019,"publication_date":"2019-05-07","ids":{"openalex":"https://openalex.org/W2963870160","doi":"https://doi.org/10.1145/3331033.3331040","mag":"2963870160"},"language":"en","primary_location":{"is_oa":false,"landing_page_url":"https://doi.org/10.1145/3331033.3331040","pdf_url":null,"source":{"id":"https://openalex.org/S4210233839","display_name":"ACM SIGecom Exchanges","issn_l":"1551-9031","issn":["1551-9031"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319798","host_organization_name":"Association for Computing Machinery","host_organization_lineage":["https://openalex.org/P4310319798"],"host_organization_lineage_names":["Association for Computing Machinery"],"type":"journal"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false},"type":"article","type_crossref":"journal-article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://arxiv.org/pdf/1803.06707","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5037008598","display_name":"Darrell Hoy","orcid":null},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Darrell Hoy","raw_affiliation_strings":["Tremor Technologies"],"affiliations":[{"raw_affiliation_string":"Tremor Technologies","institution_ids":[]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5025461142","display_name":"Sam Taggart","orcid":null},"institutions":[{"id":"https://openalex.org/I70571728","display_name":"Oberlin College","ror":"https://ror.org/05ac26z88","country_code":"US","type":"education","lineage":["https://openalex.org/I70571728"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Sam Taggart","raw_affiliation_strings":["Oberlin College"],"affiliations":[{"raw_affiliation_string":"Oberlin College","institution_ids":["https://openalex.org/I70571728"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5064179488","display_name":"Zihe Wang","orcid":"https://orcid.org/0000-0001-7752-4687"},"institutions":[{"id":"https://openalex.org/I181679659","display_name":"Shanghai University of Finance and Economics","ror":"https://ror.org/00wtvfq62","country_code":"CN","type":"education","lineage":["https://openalex.org/I181679659"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Zihe Wang","raw_affiliation_strings":["Shanghai University of Finance and Economics"],"affiliations":[{"raw_affiliation_string":"Shanghai University of Finance and Economics","institution_ids":["https://openalex.org/I181679659"]}]}],"institution_assertions":[],"countries_distinct_count":2,"institutions_distinct_count":2,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":0.186,"has_fulltext":false,"cited_by_count":2,"citation_normalized_percentile":{"value":0.659856,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":70,"max":74},"biblio":{"volume":"17","issue":"1","first_page":"71","last_page":"77"},"is_retracted":false,"is_paratext":false,"primary_topic":{"id":"https://openalex.org/T11182","display_name":"Mechanism Design in Auctions and Procurement Contracts","score":0.9999,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11182","display_name":"Mechanism Design in Auctions and Procurement Contracts","score":0.9999,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11161","display_name":"Economic Analysis of Retail and Marketing Strategies","score":0.9982,"subfield":{"id":"https://openalex.org/subfields/1406","display_name":"Marketing"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10646","display_name":"Social Preferences and Economic Behavior","score":0.9933,"subfield":{"id":"https://openalex.org/subfields/3311","display_name":"Safety Research"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/smoothness","display_name":"Smoothness","score":0.6223266},{"id":"https://openalex.org/keywords/auction-theory","display_name":"Auction Theory","score":0.556476},{"id":"https://openalex.org/keywords/independence","display_name":"Independence (probability theory)","score":0.46067485},{"id":"https://openalex.org/keywords/value","display_name":"Value (mathematics)","score":0.43495086}],"concepts":[{"id":"https://openalex.org/C163239763","wikidata":"https://www.wikidata.org/wiki/Q5153637","display_name":"Common value auction","level":2,"score":0.7547871},{"id":"https://openalex.org/C102634674","wikidata":"https://www.wikidata.org/wiki/Q868473","display_name":"Smoothness","level":2,"score":0.6223266},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.61834997},{"id":"https://openalex.org/C144237770","wikidata":"https://www.wikidata.org/wiki/Q747534","display_name":"Mathematical economics","level":1,"score":0.61116034},{"id":"https://openalex.org/C165696696","wikidata":"https://www.wikidata.org/wiki/Q11287","display_name":"Exploit","level":2,"score":0.47395587},{"id":"https://openalex.org/C100243477","wikidata":"https://www.wikidata.org/wiki/Q12002092","display_name":"Welfare","level":2,"score":0.46446627},{"id":"https://openalex.org/C35651441","wikidata":"https://www.wikidata.org/wiki/Q625303","display_name":"Independence (probability theory)","level":2,"score":0.46067485},{"id":"https://openalex.org/C536738050","wikidata":"https://www.wikidata.org/wiki/Q3249071","display_name":"Social Welfare","level":2,"score":0.4580923},{"id":"https://openalex.org/C2776291640","wikidata":"https://www.wikidata.org/wiki/Q2912517","display_name":"Value (mathematics)","level":2,"score":0.43495086},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.39920676},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.36457497},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.26067075},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.17378566},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.10200372},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.0},{"id":"https://openalex.org/C134306372","wikidata":"https://www.wikidata.org/wiki/Q7754","display_name":"Mathematical analysis","level":1,"score":0.0},{"id":"https://openalex.org/C38652104","wikidata":"https://www.wikidata.org/wiki/Q3510521","display_name":"Computer security","level":1,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"is_oa":false,"landing_page_url":"https://doi.org/10.1145/3331033.3331040","pdf_url":null,"source":{"id":"https://openalex.org/S4210233839","display_name":"ACM SIGecom Exchanges","issn_l":"1551-9031","issn":["1551-9031"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319798","host_organization_name":"Association for Computing Machinery","host_organization_lineage":["https://openalex.org/P4310319798"],"host_organization_lineage_names":["Association for Computing Machinery"],"type":"journal"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false},{"is_oa":true,"landing_page_url":"https://arxiv.org/abs/1803.06707","pdf_url":"https://arxiv.org/pdf/1803.06707","source":{"id":"https://openalex.org/S4306400194","display_name":"arXiv (Cornell University)","issn_l":null,"issn":null,"is_oa":true,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I205783295","host_organization_name":"Cornell University","host_organization_lineage":["https://openalex.org/I205783295"],"host_organization_lineage_names":["Cornell University"],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false}],"best_oa_location":{"is_oa":true,"landing_page_url":"https://arxiv.org/abs/1803.06707","pdf_url":"https://arxiv.org/pdf/1803.06707","source":{"id":"https://openalex.org/S4306400194","display_name":"arXiv (Cornell University)","issn_l":null,"issn":null,"is_oa":true,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I205783295","host_organization_name":"Cornell University","host_organization_lineage":["https://openalex.org/I205783295"],"host_organization_lineage_names":["Cornell University"],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false},"sustainable_development_goals":[{"display_name":"Decent work and economic growth","id":"https://metadata.un.org/sdg/8","score":0.44}],"grants":[],"datasets":[],"versions":[],"referenced_works_count":11,"referenced_works":["https://openalex.org/W2003900611","https://openalex.org/W2015007620","https://openalex.org/W2115086848","https://openalex.org/W2115276154","https://openalex.org/W2172195920","https://openalex.org/W2511754421","https://openalex.org/W2808926788","https://openalex.org/W2950657577","https://openalex.org/W2951387657","https://openalex.org/W2952752526","https://openalex.org/W4230068923"],"related_works":["https://openalex.org/W4312814274","https://openalex.org/W4285370786","https://openalex.org/W3207760230","https://openalex.org/W2536018345","https://openalex.org/W2358353312","https://openalex.org/W2353836703","https://openalex.org/W2296488620","https://openalex.org/W17155033","https://openalex.org/W1590307681","https://openalex.org/W1496222301"],"abstract_inverted_index":{"We":[0],"highlight":[1],"recent":[2],"progress":[3],"in":[4,9,16,22,96,147],"worst-case":[5,53,121],"analysis":[6,55],"of":[7,26,43,56,90,98,102,109,142,149],"welfare":[8,33,54,84,127],"first":[10],"price":[11],"auctions.":[12],"It":[13],"was":[14],"shown":[15],"[Syrgkanis":[17],"and":[18,58,106,160],"Tardos":[19],"2013]":[20],"that":[21,85],"any":[23],"Bayes-Nash":[24],"equilibrium":[25],"a":[27,37,87],"first-price":[28,104,125],"auction,":[29],"the":[30,49,74,99,103,107,110,120,140,157,167],"expected":[31],"social":[32],"is":[34,59,86],"at":[35],"least":[36],"(1":[38,133],"-":[39,134],"1/e)":[40,135],"\u2248":[41,88,137],".63-fraction":[42],"optimal.":[44,91],"This":[45,92,154],"result":[46,144],"uses":[47],"smoothness,":[48],"standard":[50],"technique":[51],"for":[52],"games,":[57],"tight":[60],"if":[61],"bidders'":[62],"value":[63],"distributions":[64],"are":[65],"permitted":[66],"to":[67,78,136],"be":[68],"correlated.":[69],"With":[70],"independent":[71],"distributions,":[72],"however,":[73],"worst-known":[75],"example,":[76],"due":[77],"[Hartline":[79],"et":[80,115],"al.":[81,116],"2014],":[82],"exhibits":[83],".89-fraction":[89],"gap":[93],"has":[94],"persisted":[95],"spite":[97],"canonical":[100],"nature":[101],"auction":[105,126],"prevalence":[108],"independence":[111],"assumption.":[112],"In":[113],"[Hoy":[114],"2018],":[117],"we":[118],"improve":[119],"lower":[122],"bound":[123],"on":[124],"assuming":[128],"independently":[129],"distributed":[130],"values":[131],"from":[132],".743.":[138],"Notably,":[139],"proof":[141],"this":[143],"eschews":[145],"smoothness":[146],"favor":[148],"techniques":[150],"which":[151],"exploit":[152],"independence.":[153],"note":[155],"overviews":[156],"new":[158],"approach,":[159],"discusses":[161],"research":[162],"directions":[163],"opened":[164],"up":[165],"by":[166],"result.":[168]},"cited_by_api_url":"https://api.openalex.org/works?filter=cites:W2963870160","counts_by_year":[{"year":2024,"cited_by_count":1},{"year":2020,"cited_by_count":1}],"updated_date":"2024-09-30T07:02:33.372729","created_date":"2019-07-30"}