{"id":"https://openalex.org/W4403215761","doi":"https://doi.org/10.1145/3699804.3699810","title":"Settling the Efficiency of the First-Price Auction","display_name":"Settling the Efficiency of the First-Price Auction","publication_year":2022,"publication_date":"2022-12-01","ids":{"openalex":"https://openalex.org/W4403215761","doi":"https://doi.org/10.1145/3699804.3699810"},"language":"en","primary_location":{"id":"doi:10.1145/3699804.3699810","is_oa":false,"landing_page_url":"https://doi.org/10.1145/3699804.3699810","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":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"ACM SIGecom Exchanges","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/A5055378538","display_name":"Yaonan Jin","orcid":"https://orcid.org/0000-0001-6256-7625"},"institutions":[{"id":"https://openalex.org/I78577930","display_name":"Columbia University","ror":"https://ror.org/00hj8s172","country_code":"US","type":"education","lineage":["https://openalex.org/I78577930"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Yaonan Jin","raw_affiliation_strings":["Columbia University"],"affiliations":[{"raw_affiliation_string":"Columbia University","institution_ids":["https://openalex.org/I78577930"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5025408809","display_name":"Pinyan Lu","orcid":"https://orcid.org/0009-0005-0569-4122"},"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":"Pinyan Lu","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"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5055378538"],"corresponding_institution_ids":["https://openalex.org/I78577930"],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":{"value":0.24780871,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":"20","issue":"2","first_page":"69","last_page":"74"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11182","display_name":"Auction Theory and Applications","score":0.9998000264167786,"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":0.9998000264167786,"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":0.9991000294685364,"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/T11043","display_name":"Merger and Competition Analysis","score":0.9887999892234802,"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"}}],"keywords":[{"id":"https://openalex.org/keywords/settling","display_name":"Settling","score":0.6226101517677307},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.4871184825897217},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.36041125655174255},{"id":"https://openalex.org/keywords/environmental-science","display_name":"Environmental science","score":0.2975720167160034},{"id":"https://openalex.org/keywords/environmental-engineering","display_name":"Environmental engineering","score":0.036020129919052124}],"concepts":[{"id":"https://openalex.org/C173209714","wikidata":"https://www.wikidata.org/wiki/Q923906","display_name":"Settling","level":2,"score":0.6226101517677307},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4871184825897217},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.36041125655174255},{"id":"https://openalex.org/C39432304","wikidata":"https://www.wikidata.org/wiki/Q188847","display_name":"Environmental science","level":0,"score":0.2975720167160034},{"id":"https://openalex.org/C87717796","wikidata":"https://www.wikidata.org/wiki/Q146326","display_name":"Environmental engineering","level":1,"score":0.036020129919052124}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1145/3699804.3699810","is_oa":false,"landing_page_url":"https://doi.org/10.1145/3699804.3699810","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":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"ACM SIGecom Exchanges","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":14,"referenced_works":["https://openalex.org/W1967438932","https://openalex.org/W2015007620","https://openalex.org/W2067050450","https://openalex.org/W2115276154","https://openalex.org/W2118442327","https://openalex.org/W2294025081","https://openalex.org/W2511754421","https://openalex.org/W2808926788","https://openalex.org/W2962826553","https://openalex.org/W4231160059","https://openalex.org/W4313203245","https://openalex.org/W4316652315","https://openalex.org/W6631508959","https://openalex.org/W6685257293"],"related_works":["https://openalex.org/W4391375266","https://openalex.org/W1431544135","https://openalex.org/W2079208387","https://openalex.org/W2315908612","https://openalex.org/W2315186994","https://openalex.org/W4242417732","https://openalex.org/W1996690142","https://openalex.org/W784821513","https://openalex.org/W4322009988","https://openalex.org/W2265666474"],"abstract_inverted_index":{"We":[0],"survey":[1],"the":[2,11,14,28,31],"main":[3],"result":[4],"from":[5],"[Jin":[6],"and":[7],"Lu":[8],"2022]:":[9],"For":[10],"first-price":[12],"auction,":[13],"tight":[15],"Price":[16],"of":[17],"Anarchy":[18],"is":[19],"1":[20],"-":[21],"1/e":[22],"2":[23],"\u2248":[24],"0.8647,":[25],"which":[26],"closes":[27],"gap":[29],"between":[30],"best":[32],"known":[33],"bounds":[34],"[0.7430,":[35],"0.8689].":[36]},"counts_by_year":[],"updated_date":"2025-12-27T23:08:20.325037","created_date":"2025-10-10T00:00:00"}
