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Learning to Bid in Repeated Karma Auctions: Towards more Efficient and Fair Resource Allocations
(2023)In a world of finite resources, optimal allocation problems are destined to play a very central role. When the allocation problem is repeated, karma mechanisms allow a population of self-interested agents to achieve fair yet socially efficient allocations. In such schemes, agents trade the immediate access to a resource for its access in the future by means of an artificial karma currency in a succession of auctions. Thus far, the ...Student Paper