{"id":"https://openalex.org/W2148865611","doi":"https://doi.org/10.1145/1993574.1993633","title":"Best-response auctions","display_name":"Best-response auctions","publication_year":2011,"publication_date":"2011-06-05","ids":{"openalex":"https://openalex.org/W2148865611","doi":"https://doi.org/10.1145/1993574.1993633","mag":"2148865611"},"language":"en","primary_location":{"id":"doi:10.1145/1993574.1993633","is_oa":false,"landing_page_url":"https://doi.org/10.1145/1993574.1993633","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Proceedings of the 12th ACM conference on Electronic commerce","raw_type":"proceedings-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5081416898","display_name":"Noam Nisan","orcid":"https://orcid.org/0000-0003-3106-6304"},"institutions":[{"id":"https://openalex.org/I197251160","display_name":"Hebrew University of Jerusalem","ror":"https://ror.org/03qxff017","country_code":"IL","type":"education","lineage":["https://openalex.org/I197251160"]}],"countries":["IL"],"is_corresponding":true,"raw_author_name":"Noam Nisan","raw_affiliation_strings":["The Hebrew University, Jerusalem, Israel"],"affiliations":[{"raw_affiliation_string":"The Hebrew University, Jerusalem, Israel","institution_ids":["https://openalex.org/I197251160"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5027593733","display_name":"Michael Schapira","orcid":"https://orcid.org/0000-0002-9336-8351"},"institutions":[{"id":"https://openalex.org/I20089843","display_name":"Princeton University","ror":"https://ror.org/00hx57361","country_code":"US","type":"education","lineage":["https://openalex.org/I20089843"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Michael Schapira","raw_affiliation_strings":["Princeton University, Princeton, NJ, USA"],"affiliations":[{"raw_affiliation_string":"Princeton University, Princeton, NJ, USA","institution_ids":["https://openalex.org/I20089843"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5079503799","display_name":"Gregory Valiant","orcid":"https://orcid.org/0000-0002-2211-1073"},"institutions":[{"id":"https://openalex.org/I95457486","display_name":"University of California, Berkeley","ror":"https://ror.org/01an7q238","country_code":"US","type":"education","lineage":["https://openalex.org/I95457486"]},{"id":"https://openalex.org/I134446601","display_name":"Berkeley College","ror":"https://ror.org/02xewxa75","country_code":"US","type":"education","lineage":["https://openalex.org/I134446601"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Gregory Valiant","raw_affiliation_strings":["UC Berkeley, Berkeley, CA, USA"],"affiliations":[{"raw_affiliation_string":"UC Berkeley, Berkeley, CA, USA","institution_ids":["https://openalex.org/I134446601","https://openalex.org/I95457486"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5015458414","display_name":"Aviv Zohar","orcid":"https://orcid.org/0000-0001-8539-9222"},"institutions":[{"id":"https://openalex.org/I1290206253","display_name":"Microsoft (United States)","ror":"https://ror.org/00d0nc645","country_code":"US","type":"company","lineage":["https://openalex.org/I1290206253"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Aviv Zohar","raw_affiliation_strings":["Microsoft Research, Mountain View, CA, USA"],"affiliations":[{"raw_affiliation_string":"Microsoft Research, Mountain View, CA, USA","institution_ids":["https://openalex.org/I1290206253"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":4,"corresponding_author_ids":["https://openalex.org/A5081416898"],"corresponding_institution_ids":["https://openalex.org/I197251160"],"apc_list":null,"apc_paid":null,"fwci":5.5036,"has_fulltext":false,"cited_by_count":33,"citation_normalized_percentile":{"value":0.95824072,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":90,"max":98},"biblio":{"volume":null,"issue":null,"first_page":"351","last_page":"360"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11182","display_name":"Auction Theory and Applications","score":1.0,"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":"Auction Theory and Applications","score":1.0,"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":"Consumer Market Behavior and Pricing","score":0.9987000226974487,"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":"Experimental Behavioral Economics Studies","score":0.9858999848365784,"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/common-value-auction","display_name":"Common value auction","score":0.8835253119468689},{"id":"https://openalex.org/keywords/combinatorial-auction","display_name":"Combinatorial auction","score":0.695595383644104},{"id":"https://openalex.org/keywords/auction-theory","display_name":"Auction theory","score":0.6450172662734985},{"id":"https://openalex.org/keywords/vickrey\u2013clarke\u2013groves-auction","display_name":"Vickrey\u2013Clarke\u2013Groves auction","score":0.617395281791687},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.5439044237136841},{"id":"https://openalex.org/keywords/best-response","display_name":"Best response","score":0.5424183011054993},{"id":"https://openalex.org/keywords/unique-bid-auction","display_name":"Unique bid auction","score":0.5191622972488403},{"id":"https://openalex.org/keywords/incentive-compatibility","display_name":"Incentive compatibility","score":0.5133273005485535},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.4657137393951416},{"id":"https://openalex.org/keywords/vickrey-auction","display_name":"Vickrey auction","score":0.46183180809020996},{"id":"https://openalex.org/keywords/revenue-equivalence","display_name":"Revenue equivalence","score":0.4526592791080475},{"id":"https://openalex.org/keywords/incentive","display_name":"Incentive","score":0.4500772953033447},{"id":"https://openalex.org/keywords/mathematical-economics","display_name":"Mathematical economics","score":0.4335530400276184},{"id":"https://openalex.org/keywords/game-theory","display_name":"Game theory","score":0.41798287630081177},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.3398263454437256},{"id":"https://openalex.org/keywords/mathematical-optimization","display_name":"Mathematical optimization","score":0.3378851115703583},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.13701844215393066}],"concepts":[{"id":"https://openalex.org/C163239763","wikidata":"https://www.wikidata.org/wiki/Q5153637","display_name":"Common value auction","level":2,"score":0.8835253119468689},{"id":"https://openalex.org/C59919655","wikidata":"https://www.wikidata.org/wiki/Q5150821","display_name":"Combinatorial auction","level":3,"score":0.695595383644104},{"id":"https://openalex.org/C11276805","wikidata":"https://www.wikidata.org/wiki/Q771334","display_name":"Auction theory","level":3,"score":0.6450172662734985},{"id":"https://openalex.org/C147220207","wikidata":"https://www.wikidata.org/wiki/Q773073","display_name":"Vickrey\u2013Clarke\u2013Groves auction","level":4,"score":0.617395281791687},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.5439044237136841},{"id":"https://openalex.org/C32407928","wikidata":"https://www.wikidata.org/wiki/Q2733833","display_name":"Best response","level":3,"score":0.5424183011054993},{"id":"https://openalex.org/C205871297","wikidata":"https://www.wikidata.org/wiki/Q765312","display_name":"Unique bid auction","level":4,"score":0.5191622972488403},{"id":"https://openalex.org/C91810955","wikidata":"https://www.wikidata.org/wiki/Q7731670","display_name":"Incentive compatibility","level":3,"score":0.5133273005485535},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.4657137393951416},{"id":"https://openalex.org/C83426474","wikidata":"https://www.wikidata.org/wiki/Q243758","display_name":"Vickrey auction","level":4,"score":0.46183180809020996},{"id":"https://openalex.org/C143684077","wikidata":"https://www.wikidata.org/wiki/Q431186","display_name":"Revenue equivalence","level":4,"score":0.4526592791080475},{"id":"https://openalex.org/C29122968","wikidata":"https://www.wikidata.org/wiki/Q1414816","display_name":"Incentive","level":2,"score":0.4500772953033447},{"id":"https://openalex.org/C144237770","wikidata":"https://www.wikidata.org/wiki/Q747534","display_name":"Mathematical economics","level":1,"score":0.4335530400276184},{"id":"https://openalex.org/C177142836","wikidata":"https://www.wikidata.org/wiki/Q44455","display_name":"Game theory","level":2,"score":0.41798287630081177},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3398263454437256},{"id":"https://openalex.org/C126255220","wikidata":"https://www.wikidata.org/wiki/Q141495","display_name":"Mathematical optimization","level":1,"score":0.3378851115703583},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.13701844215393066}],"mesh":[],"locations_count":4,"locations":[{"id":"doi:10.1145/1993574.1993633","is_oa":false,"landing_page_url":"https://doi.org/10.1145/1993574.1993633","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Proceedings of the 12th ACM conference on Electronic commerce","raw_type":"proceedings-article"},{"id":"pmh:oai:CiteSeerX.psu:10.1.1.208.7959","is_oa":false,"landing_page_url":"http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.208.7959","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://www-2.cs.cmu.edu/%7Esandholm/cs15-892F11/best-response%20auctions.ec11.pdf","raw_type":"text"},{"id":"pmh:oai:CiteSeerX.psu:10.1.1.348.3941","is_oa":false,"landing_page_url":"http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.348.3941","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://www.cs.huji.ac.il/~avivz/pubs/12/BestResponseAuctions_EC11.pdf","raw_type":"text"},{"id":"pmh:oai:CiteSeerX.psu:10.1.1.353.819","is_oa":false,"landing_page_url":"http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.353.819","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://www.cs.huji.ac.il/~noam/bra.pdf","raw_type":"text"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":10,"referenced_works":["https://openalex.org/W1529236855","https://openalex.org/W1948585328","https://openalex.org/W1991892223","https://openalex.org/W2143529993","https://openalex.org/W2146096504","https://openalex.org/W3122305203","https://openalex.org/W4231144620","https://openalex.org/W4242255739","https://openalex.org/W6631577163","https://openalex.org/W6640545740"],"related_works":["https://openalex.org/W3124455087","https://openalex.org/W2057067174","https://openalex.org/W1973665558","https://openalex.org/W1594162840","https://openalex.org/W2026469230","https://openalex.org/W2364784963","https://openalex.org/W2784601733","https://openalex.org/W128566055","https://openalex.org/W2160664784","https://openalex.org/W2078143685"],"abstract_inverted_index":{"We":[0,15],"present":[1],"a":[2,72,113],"new":[3,102],"framework":[4,18],"for":[5,71,105],"auction":[6,40,108,128],"design":[7],"and":[8,24,33,46,90,124],"analysis":[9],"that":[10,21,54,59],"we":[11,52],"term":[12],"\"best-response":[13],"auctions\".":[14],"use":[16],"this":[17],"to":[19,29,75,88,115],"show":[20],"the":[22,30,66,117,120,125],"simple":[23],"myopic":[25],"best-response":[26],"dynamics":[27],"converge":[28],"VCG":[31],"outcome":[32],"are":[34,63],"incentive":[35,91],"compatible":[36],"in":[37,55,84],"several":[38],"well-studied":[39,107],"environments":[41],"(Generalized":[42],"Second":[43],"Price":[44],"auctions,":[45],"auctions":[47,111],"with":[48],"unit-demand":[49],"bidders).":[50],"Thus,":[51],"establish":[53],"these":[56],"environments,":[57],"given":[58],"all":[60],"other":[61],"bidders":[62],"repeatedly":[64,77],"best-responding,":[65],"best":[67],"course":[68],"of":[69,93],"action":[70],"bidder":[73],"is":[74],"also":[76],"best-respond.":[78],"Our":[79],"results":[80,83],"generalize":[81],"classical":[82],"economics":[85],"regarding":[86],"convergence":[87],"equilibrium":[89,122],"compatibility":[92],"ascending-price":[94],"English":[95],"auctions.":[96],"In":[97],"addition,":[98],"our":[99],"findings":[100],"provide":[101,112],"game-theoretic":[103],"justifications":[104],"some":[106],"rules.":[109],"Best-response":[110],"way":[114],"bridge":[116],"gap":[118],"between":[119],"full-information":[121],"concept":[123],"usual":[126],"private-information":[127],"theory.":[129]},"counts_by_year":[{"year":2025,"cited_by_count":2},{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":1},{"year":2021,"cited_by_count":3},{"year":2020,"cited_by_count":2},{"year":2019,"cited_by_count":2},{"year":2018,"cited_by_count":3},{"year":2017,"cited_by_count":2},{"year":2016,"cited_by_count":1},{"year":2015,"cited_by_count":3},{"year":2014,"cited_by_count":3},{"year":2013,"cited_by_count":5},{"year":2012,"cited_by_count":2}],"updated_date":"2026-04-05T17:49:38.594831","created_date":"2025-10-10T00:00:00"}
