University of Waterloo
200 University Ave W, Waterloo, ON N2L 3G1
Phone: (519) 888-4567
Staff and Faculty Directory
Contact the Department of Management Sciences
Consider a buyer participating in a repeated auction, such as those prevalent in display advertising. How would she test whether the auction is incentive compatible? To bid effectively, she is interested in whether the auction is single-shot incentive compatible—a pure second-price auction, with fixed reserve price, and also dynamically incentive compatible—her bids are not used to set future reserve prices. In this work we develop tests based on simple bid perturbations that a buyer can use to answer these questions, with a focus on dynamic incentive compatibility.
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University of Waterloo
200 University Ave W, Waterloo, ON N2L 3G1
Phone: (519) 888-4567
Staff and Faculty Directory
Contact the Department of Management Sciences
The University of Waterloo acknowledges that much of our work takes place on the traditional territory of the Neutral, Anishinaabeg and Haudenosaunee peoples. Our main campus is situated on the Haldimand Tract, the land granted to the Six Nations that includes six miles on each side of the Grand River. Our active work toward reconciliation takes place across our campuses through research, learning, teaching, and community building, and is centralized within our Office of Indigenous Relations.