The Design of Competitive Online Algorithms via a Primal-Dual Approach VIII: The Bounded Allocation ProblemTextbook
The classical online allocation (AdWords) problem has a tight 1 - 1/e competitive ratio in
general, achieved by the water-level algorithm and matched by a lower bound in which the number
of buyers interested in each item can be as large as the total number of buyers. Buchbinder and
Naor's Chapter 13 observes that in many realistic settings each item's…