Sentence examples for maximize expected revenue from inspiring English sources

The seller's problem, to maximize expected revenue, consists of maximizing a linear functional over a convex set of mechanisms.

We investigate the power of randomness in the context of a fundamental Bayesian optimal mechanism design problem a single seller aims to maximize expected revenue by allocating multiple kinds of resources to "unit-demand" agents with preferences drawn from a known distribution.

We assume the Ad Network to be interested in maximizing expected revenue.

We then provide conditions under which a price schedule maximizes expected revenue within the class of all incentive compatible and individually rational mechanisms in the n-object case.

We prove that a variant of the second price auction for the sale of a single good through a Bayesian incentive compatible mechanism that maximizes expected revenue of the seller is optimal when the type space is discrete.

She will maximize expected profits, recognizing that marginal revenue is less than price.

Why choose acts that maximize expected utility?

prices that maximize the expected revenue, or minimize the expected loss.

The relay needs to design a contract to maximize its expected revenue.

In a sequential auction with multiple bidding agents, the problem of determining the ordering of the items to sell in order to maximize the expected revenue is highly challenging.

In our proposed DLA algorithm, the primary user learns probability distribution q over the set of auction mechanisms (i.e., Ω) so that it can maximize its expected revenue based on imperfect information and the secondary users learn probability distributions p i, ∀ i ∈ N over the set of bidding strategies in order to maximize their own utilities.