Optimal-er Auctions through Attention
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Abstract (arXiv)
RegretNet is a recent breakthrough in the automated design of revenue-maximizing auctions. It combines the flexibility of deep learning with the regret-based approach to relax the Incentive Compatibility (IC) constraint (that participants prefer to bid truthfully) in order to approximate optimal auctions. We propose two independent improvements of RegretNet. The first is a neural architecture denoted as RegretFormer that is based on attention layers. The second is a loss function that requires explicit specification of an acceptable IC violation denoted as regret budget. We investigate both modifications in an extensive experimental study that includes settings with constant and inconstant number of items and participants, as well as novel validation procedures tailored to regret-based approaches. We find that RegretFormer consistently outperforms RegretNet in revenue (i.e. is optimal-er) and that our loss function both simplifies hyperparameter tuning and allows to unambiguously control the revenue-regret trade-off by selecting the regret budget.
Key facts. Cited by 26 papers in the map (data through 7 Oct 2026). Builds on 42 of its 81 references that are in the map. First posted on arXiv 26 Feb 2022.
Builds on
42 of 81 references.
References · 42
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30 more
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Citing papers per year: 2022: 1; 2023: 7; 2024: 8; 2025: 3; 2026: 7.
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- 2023A Scalable Neural Network for DSIC Affine Maximizer Auction Designcited by 23
- 2024GemNet: Menu-Based, Strategy-Proof Multi-Bidder Auctions Through Deep Learningcited by 14
- 2023Information Design in Multi-Agent Reinforcement Learningcited by 9
- 2024Principal-Agent Reinforcement Learning: Orchestrating AI Agents with Contractscited by 8
- 2022Benefits of Permutation-Equivariance in Auction Mechanismscited by 7
- 2023Data Market Design through Deep Learningcited by 7
- 2023Mediated Multi-Agent Reinforcement Learningcited by 4
- 2023Learning Payment-Free Resource Allocation Mechanismscited by 3
- 2023Are Equivariant Equilibrium Approximators Beneficial?cited by 2
- 2024Automated Deterministic Auction Design with Objective Decompositioncited by 2
- 2024Social Environment Designcited by 2
- 2023Neural Auctions Compromise Bidder Informationcited by 1
14 more
- 2026Bridging the Gap Between Estimated and True Regret Towards Reliable Regret Estimation in Deep Learning based Mechanism Designcited by 1
- 2024Deep Learning Meets Mechanism Design: Key Results and Some Novel Applicationscited by 0
- 2024Statistically Truthful Auctions via Acceptance Rulecited by 0
- 2024Deep Reinforcement Learning for Sequential Combinatorial Auctionscited by 0
- 2024Achieving PAC Guarantees in Mechanism Design through Multi-Armed Banditscited by 0
- 2025Regularized Proportional Fairness Mechanism for Resource Allocation Without Moneycited by 0
- 2025Optimal Auction Design in the Joint Advertisingcited by 0
- 2025Universal Representation of Generalized Convex Functions and their Gradientscited by 0
- 2026Open Problems in Differentiable Social Choice: Learning Mechanisms, Decisions, and Alignmentcited by 0
- 2026LLM Active Alignment: A Nash Equilibrium Perspectivecited by 0
- 2026Enhancing Affine Maximizer Auctions with Correlation-Aware Paymentcited by 0
- 2026Deep Incentive Design with Differentiable Equilibrium Blockscited by 0
- 2026MenuNet: A Strategy-Proof Mechanism for Matching Marketscited by 0
- 2026Transformer-Enhanced Reinforcement Learning: Fundamentals and Applications in Communication Networkscited by 0
- 2026Transformer-Enhanced Reinforcement Learning: Fundamentals and Applications in Communication Networks26 May 2026
- 2026MenuNet: A Strategy-Proof Mechanism for Matching Markets4 May 2026
- 2026Deep Incentive Design with Differentiable Equilibrium Blocks8 Mar 2026
- 2026Enhancing Affine Maximizer Auctions with Correlation-Aware Payment10 Feb 2026
- 2026LLM Active Alignment: A Nash Equilibrium Perspective6 Feb 2026
- 2026Open Problems in Differentiable Social Choice: Learning Mechanisms, Decisions, and Alignment3 Feb 2026
- 2026Bridging the Gap Between Estimated and True Regret Towards Reliable Regret Estimation in Deep Learning based Mechanism Design20 Jan 2026
- 2025Universal Representation of Generalized Convex Functions and their Gradients30 Aug 2025
- 2025Optimal Auction Design in the Joint Advertising10 Jul 2025
- 2025Regularized Proportional Fairness Mechanism for Resource Allocation Without Money2 Jan 2025
- 2024Achieving PAC Guarantees in Mechanism Design through Multi-Armed Bandits30 Nov 2024
- 2024Principal-Agent Reinforcement Learning: Orchestrating AI Agents with Contracts25 Jul 2024
14 more
- 2024Deep Reinforcement Learning for Sequential Combinatorial Auctions10 Jul 2024
- 2024GemNet: Menu-Based, Strategy-Proof Multi-Bidder Auctions Through Deep Learning11 Jun 2024
- 2024Statistically Truthful Auctions via Acceptance Rule20 May 2024
- 2024Social Environment Design21 Feb 2024
- 2024Automated Deterministic Auction Design with Objective Decomposition19 Feb 2024
- 2024Deep Learning Meets Mechanism Design: Key Results and Some Novel Applications11 Jan 2024
- 2023Learning Payment-Free Resource Allocation Mechanisms18 Nov 2023
- 2023Data Market Design through Deep Learning31 Oct 2023
- 2023Mediated Multi-Agent Reinforcement Learning14 Jun 2023
- 2023A Scalable Neural Network for DSIC Affine Maximizer Auction Design20 May 2023
- 2023Information Design in Multi-Agent Reinforcement Learning8 May 2023
- 2023Neural Auctions Compromise Bidder Information28 Feb 2023
- 2023Are Equivariant Equilibrium Approximators Beneficial?27 Jan 2023
- 2022Benefits of Permutation-Equivariance in Auction Mechanisms11 Oct 2022
- 2023A Scalable Neural Network for DSIC Affine Maximizer Auction Designcited by 23
- 2024GemNet: Menu-Based, Strategy-Proof Multi-Bidder Auctions Through Deep Learningcited by 14
- 2023Information Design in Multi-Agent Reinforcement Learningcited by 9
- 2024Principal-Agent Reinforcement Learning: Orchestrating AI Agents with Contractscited by 8
- 2022Benefits of Permutation-Equivariance in Auction Mechanismscited by 7
- 2023Data Market Design through Deep Learningcited by 7
- 2023Mediated Multi-Agent Reinforcement Learningcited by 4
- 2023Learning Payment-Free Resource Allocation Mechanismscited by 3
- 2023Are Equivariant Equilibrium Approximators Beneficial?cited by 2
- 2024Automated Deterministic Auction Design with Objective Decompositioncited by 2
- 2024Social Environment Designcited by 2
- 2023Neural Auctions Compromise Bidder Informationcited by 1
12 most cited of 24 All 24 (JSON)
- 2026Transformer-Enhanced Reinforcement Learning: Fundamentals and Applications in Communication Networks26 May 2026
- 2026MenuNet: A Strategy-Proof Mechanism for Matching Markets4 May 2026
- 2026Deep Incentive Design with Differentiable Equilibrium Blocks8 Mar 2026
- 2026Enhancing Affine Maximizer Auctions with Correlation-Aware Payment10 Feb 2026
- 2026Bridging the Gap Between Estimated and True Regret Towards Reliable Regret Estimation in Deep Learning based Mechanism Design20 Jan 2026
- 2025Universal Representation of Generalized Convex Functions and their Gradients30 Aug 2025
- 2025Optimal Auction Design in the Joint Advertising10 Jul 2025
- 2025Regularized Proportional Fairness Mechanism for Resource Allocation Without Money2 Jan 2025
- 2024Achieving PAC Guarantees in Mechanism Design through Multi-Armed Bandits30 Nov 2024
- 2024Principal-Agent Reinforcement Learning: Orchestrating AI Agents with Contracts25 Jul 2024
- 2024Deep Reinforcement Learning for Sequential Combinatorial Auctions10 Jul 2024
- 2024GemNet: Menu-Based, Strategy-Proof Multi-Bidder Auctions Through Deep Learning11 Jun 2024
12 newest of 24 All 24 (JSON)