ICML 2022spotlight40 citations
A Context-Integrated Transformer-Based Neural Network for Auction Design
Zhijian Duan, Jingwu Tang, Yutong Yin, Zhe Feng, Xiang Yan, Manzil Zaheer, Xiaotie Deng
Abstract
One of the central problems in auction design is developing an incentive-compatible mechanism that maximizes the auctioneer’s expected revenue. While theoretical approaches have encountered bottlenecks in multi-item auctions, recently, there has been much progress on finding the optimal mechanism through deep learning. However, these works either focus on a fixed set of bidders and items, or restrict the auction to be symmetric. In this work, we overcome such limitations by factoring
BibTeX
@InProceedings{pmlr-v162-duan22a,
title = {A Context-Integrated Transformer-Based Neural Network for Auction Design},
author = {Duan, Zhijian and Tang, Jingwu and Yin, Yutong and Feng, Zhe and Yan, Xiang and Zaheer, Manzil and Deng, Xiaotie},
booktitle = {Proceedings of the 39th International Conference on Machine Learning},
pages = {5609--5626},
year = {2022},
editor = {Chaudhuri, Kamalika and Jegelka, Stefanie and Song, Le and Szepesvari, Csaba and Niu, Gang and Sabato, Sivan},
volume = {162},
series = {Proceedings of Machine Learning Research},
month = {17--23 Jul},
publisher = {PMLR},
pdf = {https://proceedings.mlr.press/v162/duan22a/duan22a.pdf},
url = {https://proceedings.mlr.press/v162/duan22a.html},
abstract = {One of the central problems in auction design is developing an incentive-compatible mechanism that maximizes the auctioneer’s expected revenue. While theoretical approaches have encountered bottlenecks in multi-item auctions, recently, there has been much progress on finding the optimal mechanism through deep learning. However, these works either focus on a fixed set of bidders and items, or restrict the auction to be symmetric. In this work, we overcome such limitations by factoring