{"id":146945,"date":"2005-08-01T00:00:00","date_gmt":"2005-08-01T00:00:00","guid":{"rendered":"https:\/\/www.microsoft.com\/en-us\/research\/msr-research-item\/near-optimal-pricing-in-near-linear-time\/"},"modified":"2018-10-16T20:20:08","modified_gmt":"2018-10-17T03:20:08","slug":"near-optimal-pricing-in-near-linear-time","status":"publish","type":"msr-research-item","link":"https:\/\/www.microsoft.com\/en-us\/research\/publication\/near-optimal-pricing-in-near-linear-time\/","title":{"rendered":"Near-Optimal Pricing in Near-Linear Time"},"content":{"rendered":"

We present efficient approximation algorithms for a number of problems that call for computing the prices that maximize the revenue of the seller on a set of items. Algorithms for such problems enable the design of auctions and related pricing mechanisms [3]. In light of the fact that the problems we address are APX-hard in general [5], we design near-linear and near-cubic time approximation schemes under the assumption that the number of distinct items for sale is constant.<\/p>\n","protected":false},"excerpt":{"rendered":"

We present efficient approximation algorithms for a number of problems that call for computing the prices that maximize the revenue of the seller on a set of items. Algorithms for such problems enable the design of auctions and related pricing mechanisms [3]. In light of the fact that the problems we address are APX-hard in […]<\/p>\n","protected":false},"featured_media":0,"template":"","meta":{"msr-url-field":"","msr-podcast-episode":"","msrModifiedDate":"","msrModifiedDateEnabled":false,"ep_exclude_from_search":false,"footnotes":""},"msr-content-type":[3],"msr-research-highlight":[],"research-area":[13561],"msr-publication-type":[193716],"msr-product-type":[],"msr-focus-area":[],"msr-platform":[],"msr-download-source":[],"msr-locale":[268875],"msr-field-of-study":[],"msr-conference":[],"msr-journal":[],"msr-impact-theme":[],"msr-pillar":[],"class_list":["post-146945","msr-research-item","type-msr-research-item","status-publish","hentry","msr-research-area-algorithms","msr-locale-en_us"],"msr_publishername":"Springer","msr_edition":"9th International Workshop Algorithms and Data Structures (WADS 2005)","msr_affiliation":"","msr_published_date":"2005-08-01","msr_host":"","msr_duration":"","msr_version":"","msr_speaker":"","msr_other_contributors":"","msr_booktitle":"9th International Workshop Algorithms and Data Structures (WADS 2005)","msr_pages_string":"422-431","msr_chapter":"","msr_isbn":"","msr_journal":"","msr_volume":"3608","msr_number":"","msr_editors":"","msr_series":"Lecture Notes in Computer Science","msr_issue":"","msr_organization":"","msr_how_published":"","msr_notes":"","msr_highlight_text":"","msr_release_tracker_id":"","msr_original_fields_of_study":"","msr_download_urls":"","msr_external_url":"","msr_secondary_video_url":"","msr_longbiography":"","msr_microsoftintellectualproperty":1,"msr_main_download":"","msr_publicationurl":"http:\/\/dx.doi.org\/10.1007\/11534273_37","msr_doi":"10.1007\/11534273_37","msr_publication_uploader":[{"type":"url","title":"http:\/\/dx.doi.org\/10.1007\/11534273_37","viewUrl":false,"id":false,"label_id":0},{"type":"doi","title":"10.1007\/11534273_37","viewUrl":false,"id":false,"label_id":0}],"msr_related_uploader":"","msr_attachments":[{"id":0,"url":"http:\/\/dx.doi.org\/10.1007\/11534273_37"}],"msr-author-ordering":[{"type":"text","value":"Jason D. 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