Talk:Vickrey–Clarke–Groves auction

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Sources/quotes?[edit]

Interesting citations. "Science of teh Interwebs"? Assignment solutions? Perhaps a more trustworthy source would be useful ... —Preceding unsigned comment added by 86.20.230.35 (talk) 20:46, 16 November 2008 (UTC)

Yes, very suspicious... We should find something better, apart from Algorithmic Game Theory... I'll look at Combinatorial Auctions and try to fix it... Pallida  Mors 18:40, 26 March 2009 (UTC)
The source is Professor Luis von Ahn, who is well known in the field, and has a... different teach style. — Preceding unsigned comment added by 128.237.230.11 (talk) 00:10, 1 November 2011 (UTC)
The source is actually Section 15.4 of "Networks, Crowds, and Markets Reasoning About a Highly Connected World"

by David Easley and Jon Kleinberg. Luis von Ahn took his solution proof almost verbatim from this book. http://www.cs.cornell.edu/home/kleinber/networks-book/networks-book-ch15.pdf Anyway the citation links are dead. http://web.archive.org/web/20081221055805/http://scienceoftheweb.org/15-396/assignments/assignment5_solutions.pdf http://web.archive.org/web/20081221055849/http://scienceoftheweb.org/15-396/assignments/hwk5.pdf

Linking to the foorball match "VCG" animation example is a bad choice:[edit]

Specifically, the animation describes the "straightforward" extension of the Vickrey auction to multiple items, which is _not_ VCG and suffers from not being incentive compatible (truthful). The animation is flawed in claiming that k winners paying the price of the k+1 bidder corresponds to the VCG outcome. 89.210.173.111 (talk) 19:47, 12 November 2011 (UTC)

hyphens in URL[edit]

Must we use "Vickrey–Clarke–Groves_auction" for the link to this article? The "–" characters in the name are not the same as keyboard-entry "-" characters and cause a lot of pain in encoding them. — Preceding unsigned comment added by Ergotius (talkcontribs) 14:37, 21 March 2013 (UTC)

Unless there have been some changes in the style guidelines, we must use the n-dash (–), per WP:DASH. There should be a redirect from Vickrey-Clarke-Groves auction; if there isn't, there will be, shortly. — Arthur Rubin (talk) 19:14, 21 March 2013 (UTC)

Too technical[edit]

This could really use an example in English, that does not use mathematical symbols. -- Beland (talk) 22:15, 17 December 2013 (UTC)

Groves–Ledyard mechanism[edit]

The French and Italian Wikipedias present in their corresponding articles a generalization know as the Groves–Ledyard mechanism, which is said to be a much more general schema, giving the following references:

  • Groves Th. and Ledyard J. (1977), "Optimal Allocation of Public Goods: A Solution to the "Free Rider" Problem", Econometrica, vol. 45, 1977, pp. 783-809.
  • Groves, T. and J. Ledyard (1987), "Incentive Compatibility since 1972", in: Th. Groves and R. Radner (1987) (Eds.), Essays in Honor of Leonid Hurwicz. University of Minnesota Press, Minneapolis, 1987.

It will be appreciated if someone who is reasonably familiar with this kind of stuff could expand the article.  --Lambiam 17:21, 12 August 2014 (UTC)