{"id":"https://openalex.org/W2460214234","doi":"https://doi.org/10.1145/2934309","title":"Limitations of Deterministic Auction Design for Correlated Bidders","display_name":"Limitations of Deterministic Auction Design for Correlated Bidders","publication_year":2016,"publication_date":"2016-06-29","ids":{"openalex":"https://openalex.org/W2460214234","doi":"https://doi.org/10.1145/2934309","mag":"2460214234"},"language":"en","primary_location":{"id":"doi:10.1145/2934309","is_oa":false,"landing_page_url":"https://doi.org/10.1145/2934309","pdf_url":null,"source":{"id":"https://openalex.org/S205019203","display_name":"ACM Transactions on Computation Theory","issn_l":"1942-3454","issn":["1942-3454","1942-3462"],"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":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"ACM Transactions on Computation Theory","raw_type":"journal-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/A5046035189","display_name":"Ioannis Caragiannis","orcid":"https://orcid.org/0000-0002-4918-7131"},"institutions":[{"id":"https://openalex.org/I120729142","display_name":"Computer Technology Institute and Press \u201cDIOPHANTUS\u201d","ror":"https://ror.org/021nszj63","country_code":"GR","type":"facility","lineage":["https://openalex.org/I120729142","https://openalex.org/I4210154149"]},{"id":"https://openalex.org/I174878644","display_name":"University of Patras","ror":"https://ror.org/017wvtq80","country_code":"GR","type":"education","lineage":["https://openalex.org/I174878644"]}],"countries":["GR"],"is_corresponding":false,"raw_author_name":"Ioannis Caragiannis","raw_affiliation_strings":["University of Patras and CTI \u201cDiophantus\u201d, Greece, Rion, Greece","University of Patras and CTI \"Diophantus\", Greece, Rion, Greece"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Patras and CTI \u201cDiophantus\u201d, Greece, Rion, Greece","institution_ids":["https://openalex.org/I120729142","https://openalex.org/I174878644"]},{"raw_affiliation_string":"University of Patras and CTI \"Diophantus\", Greece, Rion, Greece","institution_ids":["https://openalex.org/I120729142","https://openalex.org/I174878644"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5004643947","display_name":"Christos Kaklamanis","orcid":null},"institutions":[{"id":"https://openalex.org/I120729142","display_name":"Computer Technology Institute and Press \u201cDIOPHANTUS\u201d","ror":"https://ror.org/021nszj63","country_code":"GR","type":"facility","lineage":["https://openalex.org/I120729142","https://openalex.org/I4210154149"]},{"id":"https://openalex.org/I174878644","display_name":"University of Patras","ror":"https://ror.org/017wvtq80","country_code":"GR","type":"education","lineage":["https://openalex.org/I174878644"]}],"countries":["GR"],"is_corresponding":false,"raw_author_name":"Christos Kaklamanis","raw_affiliation_strings":["University of Patras and CTI \u201cDiophantus\u201d, Greece, Rion, Greece","University of Patras and CTI \"Diophantus\", Greece, Rion, Greece"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Patras and CTI \u201cDiophantus\u201d, Greece, Rion, Greece","institution_ids":["https://openalex.org/I120729142","https://openalex.org/I174878644"]},{"raw_affiliation_string":"University of Patras and CTI \"Diophantus\", Greece, Rion, Greece","institution_ids":["https://openalex.org/I120729142","https://openalex.org/I174878644"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5047630187","display_name":"Maria Kyropoulou","orcid":"https://orcid.org/0000-0001-6913-8006"},"institutions":[{"id":"https://openalex.org/I40120149","display_name":"University of Oxford","ror":"https://ror.org/052gg0110","country_code":"GB","type":"education","lineage":["https://openalex.org/I40120149"]}],"countries":["GB"],"is_corresponding":false,"raw_author_name":"Maria Kyropoulou","raw_affiliation_strings":["University of Oxford, UK, Oxford, UK"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Oxford, UK, Oxford, UK","institution_ids":["https://openalex.org/I40120149"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":3,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":1.0846,"has_fulltext":false,"cited_by_count":4,"citation_normalized_percentile":{"value":0.81455353,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":97},"biblio":{"volume":"8","issue":"4","first_page":"1","last_page":"18"},"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/T10991","display_name":"Game Theory and Voting Systems","score":0.98580002784729,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11161","display_name":"Consumer Market Behavior and Pricing","score":0.9817000031471252,"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"}}],"keywords":[{"id":"https://openalex.org/keywords/combinatorial-auction","display_name":"Combinatorial auction","score":0.7139400243759155},{"id":"https://openalex.org/keywords/common-value-auction","display_name":"Common value auction","score":0.6851429343223572},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.4838084578514099},{"id":"https://openalex.org/keywords/revenue","display_name":"Revenue","score":0.46376773715019226},{"id":"https://openalex.org/keywords/satisfiability","display_name":"Satisfiability","score":0.45945531129837036},{"id":"https://openalex.org/keywords/reduction","display_name":"Reduction (mathematics)","score":0.4320189356803894},{"id":"https://openalex.org/keywords/combinatorics","display_name":"Combinatorics","score":0.42583608627319336},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.39376765489578247},{"id":"https://openalex.org/keywords/discrete-mathematics","display_name":"Discrete mathematics","score":0.38677656650543213},{"id":"https://openalex.org/keywords/mathematical-economics","display_name":"Mathematical economics","score":0.3830585479736328},{"id":"https://openalex.org/keywords/mathematical-optimization","display_name":"Mathematical optimization","score":0.33218497037887573},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.15915027260780334},{"id":"https://openalex.org/keywords/statistics","display_name":"Statistics","score":0.09542134404182434}],"concepts":[{"id":"https://openalex.org/C59919655","wikidata":"https://www.wikidata.org/wiki/Q5150821","display_name":"Combinatorial auction","level":3,"score":0.7139400243759155},{"id":"https://openalex.org/C163239763","wikidata":"https://www.wikidata.org/wiki/Q5153637","display_name":"Common value auction","level":2,"score":0.6851429343223572},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.4838084578514099},{"id":"https://openalex.org/C195487862","wikidata":"https://www.wikidata.org/wiki/Q850210","display_name":"Revenue","level":2,"score":0.46376773715019226},{"id":"https://openalex.org/C168773769","wikidata":"https://www.wikidata.org/wiki/Q1350299","display_name":"Satisfiability","level":2,"score":0.45945531129837036},{"id":"https://openalex.org/C111335779","wikidata":"https://www.wikidata.org/wiki/Q3454686","display_name":"Reduction (mathematics)","level":2,"score":0.4320189356803894},{"id":"https://openalex.org/C114614502","wikidata":"https://www.wikidata.org/wiki/Q76592","display_name":"Combinatorics","level":1,"score":0.42583608627319336},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.39376765489578247},{"id":"https://openalex.org/C118615104","wikidata":"https://www.wikidata.org/wiki/Q121416","display_name":"Discrete mathematics","level":1,"score":0.38677656650543213},{"id":"https://openalex.org/C144237770","wikidata":"https://www.wikidata.org/wiki/Q747534","display_name":"Mathematical economics","level":1,"score":0.3830585479736328},{"id":"https://openalex.org/C126255220","wikidata":"https://www.wikidata.org/wiki/Q141495","display_name":"Mathematical optimization","level":1,"score":0.33218497037887573},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.15915027260780334},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.09542134404182434},{"id":"https://openalex.org/C2524010","wikidata":"https://www.wikidata.org/wiki/Q8087","display_name":"Geometry","level":1,"score":0.0},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.0}],"mesh":[],"locations_count":4,"locations":[{"id":"doi:10.1145/2934309","is_oa":false,"landing_page_url":"https://doi.org/10.1145/2934309","pdf_url":null,"source":{"id":"https://openalex.org/S205019203","display_name":"ACM Transactions on Computation Theory","issn_l":"1942-3454","issn":["1942-3454","1942-3462"],"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":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"ACM Transactions on Computation Theory","raw_type":"journal-article"},{"id":"pmh:oai:CiteSeerX.psu:10.1.1.298.3275","is_oa":false,"landing_page_url":"http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.298.3275","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://www.ceid.upatras.gr/caragian/3oad.pdf","raw_type":"text"},{"id":"pmh:oai:ora.ox.ac.uk:uuid:abc35962-faf2-4545-af52-cefe3a82d404","is_oa":false,"landing_page_url":"https://ora.ox.ac.uk/objects/uuid:abc35962-faf2-4545-af52-cefe3a82d404","pdf_url":null,"source":{"id":"https://openalex.org/S4306402636","display_name":"Oxford University Research Archive (ORA) (University of Oxford)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I40120149","host_organization_name":"University of Oxford","host_organization_lineage":["https://openalex.org/I40120149"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Symplectic Elements at Oxford","raw_type":"Journal article"},{"id":"pmh:oai:ora.ox.ac.uk:uuid:f23d660d-cfb7-4784-ab2f-1c4075bd56a1","is_oa":false,"landing_page_url":"https://ora.ox.ac.uk/objects/uuid:f23d660d-cfb7-4784-ab2f-1c4075bd56a1","pdf_url":null,"source":{"id":"https://openalex.org/S4306402636","display_name":"Oxford University Research Archive (ORA) (University of Oxford)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I40120149","host_organization_name":"University of Oxford","host_organization_lineage":["https://openalex.org/I40120149"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Department of Computer Science","raw_type":"Book"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[],"funders":[{"id":"https://openalex.org/F4320310968","display_name":"University of Patras","ror":"https://ror.org/017wvtq80"}],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":22,"referenced_works":["https://openalex.org/W33083968","https://openalex.org/W1494498837","https://openalex.org/W1993197246","https://openalex.org/W1999032440","https://openalex.org/W2013641699","https://openalex.org/W2021734699","https://openalex.org/W2021856647","https://openalex.org/W2029050771","https://openalex.org/W2030286268","https://openalex.org/W2043749813","https://openalex.org/W2067758411","https://openalex.org/W2099604706","https://openalex.org/W2125263285","https://openalex.org/W2129382593","https://openalex.org/W2136765140","https://openalex.org/W2143270050","https://openalex.org/W2144285067","https://openalex.org/W2152243261","https://openalex.org/W2166823822","https://openalex.org/W2199385070","https://openalex.org/W2216069195","https://openalex.org/W4242938311"],"related_works":["https://openalex.org/W2164943659","https://openalex.org/W2170545834","https://openalex.org/W1594147293","https://openalex.org/W2184491186","https://openalex.org/W3122260521","https://openalex.org/W2600242401","https://openalex.org/W2765249998","https://openalex.org/W4297795036","https://openalex.org/W2478847702","https://openalex.org/W2052309391"],"abstract_inverted_index":{"The":[0],"seminal":[1],"work":[2],"of":[3,6,60,94,124,141],"Myerson":[4],"(Mathematics":[5],"OR":[7],"\u201981)":[8],"characterizes":[9],"incentive-compatible":[10],"single-item":[11],"auctions":[12,128],"among":[13],"bidders":[14,30],"with":[15],"independent":[16],"valuations.":[17],"In":[18,64],"this":[19,70],"setting,":[20],"relatively":[21],"simple":[22],"deterministic":[23,37,125],"auction":[24,38],"mechanisms":[25],"achieve":[26],"revenue":[27,123],"optimality.":[28],"When":[29],"have":[31],"correlated":[32],"valuations,":[33],"designing":[34],"the":[35,65,86,95,119,122],"revenue-optimal":[36],"is":[39,53,79],"a":[40,82,92],"computationally":[41],"demanding":[42],"problem;":[43,91],"indeed,":[44],"Papadimitriou":[45],"and":[46,106,112,126,148],"Pierrakos":[47],"(STOC":[48,150],"\u201911)":[49],"proved":[50],"that":[51,118],"it":[52],"APX-hard,":[54],"obtaining":[55],"an":[56,138],"explicit":[57,139],"inapproximability":[58,71],"factor":[59,72],"1999/2000":[61],"=":[62],"99.95%.":[63],"current":[66],"article,":[67],"we":[68],"strengthen":[69],"to":[73],"63/64":[74],"\u2248":[75,135,143],"98.5%.":[76],"Our":[77],"proof":[78],"based":[80],"on":[81],"gap-preserving":[83],"reduction":[84],"from":[85],"M":[87],"ax":[88],"-NM":[89],"3SAT":[90],"variant":[93],"maximum":[96],"satisfiability":[97],"problem":[98],"where":[99],"each":[100],"clause":[101,108],"has":[102],"exactly":[103],"three":[104],"literals":[105],"no":[107],"contains":[109],"both":[110],"negated":[111],"unnegated":[113],"literals.":[114],"We":[115],"furthermore":[116],"show":[117],"gap":[120,140],"between":[121],"randomized":[127],"can":[129],"be":[130],"as":[131,133],"low":[132],"13/14":[134],"92.9%,":[136],"improving":[137],"947/948":[142],"99.9%":[144],"by":[145],"Dobzinski,":[146],"Fu,":[147],"Kleinberg":[149],"\u201911).":[151]},"counts_by_year":[{"year":2022,"cited_by_count":1},{"year":2018,"cited_by_count":3}],"updated_date":"2026-05-21T06:26:12.895304","created_date":"2025-10-10T00:00:00"}