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How Computer Science Informs Modern Auction Design

Tim Roughgarden

Recorded 23 November 2015 in Lausanne, Vaud, Switzerland

Event: IC Colloquia - EPFL IC School Colloquia

Abstract

Economists have studied the theory and practice of auctions for decades. How can computer science contribute? Using the upcoming (March 29, 2016) U.S. FCC double-auction for wireless spectrum as a case study, I'll illustrate the many answers: novel auction formats, algorithms for NP-hard problems, approximation guarantees for simple auctions, and communication complexity-based impossibility results.

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