Can you say more about how you incentivize truthful bidding? I understand about exposure risk and expressive bidding but I'm not sure if that was meant to obviously imply something about truthful bidding which went over my head, or if you meant to not say more about it.
I love the part about eventually determining your value-add by comparing to a counterfactual vanilla market -- sounds a bit like Shapley value? If not exactly Shapley value?
I love the part about eventually determining your value-add by comparing to a counterfactual vanilla market -- sounds a bit like Shapley value? If not exactly Shapley value?