Since each item can only be awarded to one bidder, a subset W of bidders can all receive their desired subsets simultaneously if and only if Ti ∩ Tj = ∅ for each distinct i, j ∈ W .Is this a single-parameter environment? Explain fully.
• Exercise adapted from Problem 4.3: Consider a set M of distinct items. There are n bidders, and each bidder i has a publicly known subset Ti ⊆ M of items that it wants, and a private valuation vi for getting them. If bidder i is awarded a set Si of items at a total […]