The choice of a bidding language is crucial in auction design in order to correctly capture bidder utilities. We propose a new bidding model for the Adwords auctions of search eng...
In this paper we consider a common form of the English auction that is widely used in online Internet auctions. This discrete bid auction requires that the bidders may only submit...
Esther David, Alex Rogers, Jeremy Schiff, Sarit Kr...
We study a sequential auction for sharing a wireless resource (bandwidth or power) among competing transmitters. The resource is assumed to be managed by a spectrum broker (auction...
Junjik Bae, Eyal Beigman, Randall A. Berry, Michae...
Abstract. In this paper we introduce a new option pricing mechanism for reducing the exposure problem encountered by bidding agents with complementary valuations when participating...
Valentin Robu, Ioannis A. Vetsikas, Enrico H. Gerd...
In many auctions, agents bid more aggressively than selfinterest would prescribe. This can be explained by spite, where the agent's utility not only increases in the agent...