Approximation Algorithms for Budget-Constrained Auctions
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We build on the work of Andelman & Mansour and Azar, Birnbaum, Karlin, Mathieu & Thach Nguyen to show that the full-information (i.e., offline) budgeted-allocation problem can be approximated to within 4/3: we conduct a rounding of the natural LP relaxation, for which our algorithm matches the known lower-bound on the integrality gap.