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IJCAI
2001

Robust Multi-unit Auction Protocol against False-name Bids

9 years 5 months ago
Robust Multi-unit Auction Protocol against False-name Bids
This paper presents a new multi-unit auction protocol (IR protocol) that is robust against false-name bids. Internet auctions have become an integral part of Electronic Commerce and a promising field for applying agent and Artificial Intelligence technologies. Although the Internet provides an excellent infrastructure for executing auctions, the possibility of a new type of cheating called false-name bids has been pointed out. A false-name bid is a bid submitted under a fictitious name. A protocolcalled LDS has been developed for combinatorial auctions of multiple different items and has proven to be robust against false-name bids. Although we can modify the LDS protocol to handle multi-unit auctions, in which multiple units of an identical item are auctioned, the protocol is complicated and requires the auctioneer to carefully predetermine the combination of bundles to obtain a high social surplus or revenue. For the auctioneer, our newly developed IR protocol is easier to use than t...
Makoto Yokoo, Yuko Sakurai, Shigeo Matsubara
Added 31 Oct 2010
Updated 31 Oct 2010
Type Conference
Year 2001
Where IJCAI
Authors Makoto Yokoo, Yuko Sakurai, Shigeo Matsubara
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