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- Random-sampling_mechanism abstract "A random-sampling mechanism (RSM) is a truthful mechanism that uses sampling in order to achieve approximately-optimal gain.Suppose we want to sell some items in an auction and achieve maximum profit. The crucial difficulty is that we do not know how much each buyer is willing to pay for an item. If we know, at least, that the valuations of the buyers are random variables with some known probability distribution, then we can use the results of Bayesian optimal mechanism design theory. But often we do not know the distribution, or cannot assume that the valuations are drawn from a distribution. In this case, random-sampling mechanisms provide an alternative solution.".
- Random-sampling_mechanism wikiPageID "49023532".
- Random-sampling_mechanism wikiPageLength "8197".
- Random-sampling_mechanism wikiPageOutDegree "22".
- Random-sampling_mechanism wikiPageRevisionID "708082875".
- Random-sampling_mechanism wikiPageWikiLink Bayesian_optimal_mechanism_design.
- Random-sampling_mechanism wikiPageWikiLink Category:Market_research.
- Random-sampling_mechanism wikiPageWikiLink Category:Mechanism_design.
- Random-sampling_mechanism wikiPageWikiLink Category:Sampling_(statistics).
- Random-sampling_mechanism wikiPageWikiLink Digital_goods_auction.
- Random-sampling_mechanism wikiPageWikiLink Empirical_distribution_function.
- Random-sampling_mechanism wikiPageWikiLink Envy-freeness.
- Random-sampling_mechanism wikiPageWikiLink Fair_coin.
- Random-sampling_mechanism wikiPageWikiLink Law_of_large_numbers.
- Random-sampling_mechanism wikiPageWikiLink Market_research.
- Random-sampling_mechanism wikiPageWikiLink Price_discrimination.
- Random-sampling_mechanism wikiPageWikiLink Pricing.
- Random-sampling_mechanism wikiPageWikiLink Probability_distribution.
- Random-sampling_mechanism wikiPageWikiLink Random_variable.
- Random-sampling_mechanism wikiPageWikiLink Sampling_(statistics).
- Random-sampling_mechanism wikiPageWikiLink Simple_random_sample.
- Random-sampling_mechanism wikiPageWikiLink Strategic_dominance.
- Random-sampling_mechanism wikiPageWikiLink Strategyproofness.
- Random-sampling_mechanism wikiPageWikiLinkText "Random-sampling mechanism".
- Random-sampling_mechanism wikiPageWikiLinkText "random-sampling mechanism".
- Random-sampling_mechanism wikiPageUsesTemplate Template:Reflist.
- Random-sampling_mechanism wikiPageUsesTemplate Template:Rp.
- Random-sampling_mechanism subject Category:Market_research.
- Random-sampling_mechanism subject Category:Mechanism_design.
- Random-sampling_mechanism subject Category:Sampling_(statistics).
- Random-sampling_mechanism hypernym Mechanism.
- Random-sampling_mechanism type Organisation.
- Random-sampling_mechanism comment "A random-sampling mechanism (RSM) is a truthful mechanism that uses sampling in order to achieve approximately-optimal gain.Suppose we want to sell some items in an auction and achieve maximum profit. The crucial difficulty is that we do not know how much each buyer is willing to pay for an item. If we know, at least, that the valuations of the buyers are random variables with some known probability distribution, then we can use the results of Bayesian optimal mechanism design theory.".
- Random-sampling_mechanism label "Random-sampling mechanism".
- Random-sampling_mechanism wasDerivedFrom Random-sampling_mechanism?oldid=708082875.
- Random-sampling_mechanism isPrimaryTopicOf Random-sampling_mechanism.