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On Revenue Optimal Combinatorial Auctions - IFP Group at the ...

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Why Study Single-Minded Buyers Model?<br />

Key is to understand and handle complementarity.<br />

A bundle as a whole can be more valuable than <strong>the</strong> sum of values<br />

of its parts.<br />

Single-minded buyers - an extreme case of complementarity.<br />

Problem is still nontrivial (two dimensional):<br />

A buyer can misreport both his bundle and its value.<br />

No general result on revenue maximiz<strong>at</strong>ion is known even for<br />

this extreme case.<br />

Some real examples where buyers are single minded.

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