Dominant-Strategy Auction Design for Agents with Uncertain, Private Values

We consider the problem of designing auctions for settings in Theorem 1 (Dominant strategy impossibility (Larson which bidders have to pay a cost to learn about their preferences, and Sandholm 2004a)). There does not exist any mechanism and hence can face tradeoffs between the cost and accuracy that is strategic deliberation-proof, strategy-dependent, of their preference information. Such bidders are called non-misleading, and preference-formation independent in deliberative agents, and have featured in a wide variety of dominant-strategy equilibrium across all possible quasilinear auction models. For example, costly deliberation can model deliberative-agent settings.