Prophet Inequalities Made Easy: Stochastic Optimization by Pricing Nonstochastic Inputs III: Under a Consistent Allocation Rule, (α, β)-Balanced Prices Are Closed Under Maxima of ValuationsResearch Paper
Posted prices turn an offline allocation problem into a sequential choice process: each agent sees a menu of outcomes and prices, then chooses an outcome without revealing its full valuation. The balanced prices framework of Dütting, Feldman, Kesselheim, and Lucier gives welfare guarantees by comparing the revenue collected from an allocation with the…