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MAGS
2010
153views more  MAGS 2010»
12 years 11 months ago
Designing bidding strategies in sequential auctions for risk averse agents
Designing efficient bidding strategies for sequential auctions remains an important, open problem area in agent-mediated electronic markets. In existing literature, a variety of bi...
Valentin Robu, Han La Poutré
DA
2010
109views more  DA 2010»
13 years 4 months ago
Auctioning the Right to Choose When Competition Persists
Several papers compare auctioning heterogeneous assets sequentially with sequentially selling the right to choose among assets not yet taken. Typically motivated by auctions of co...
Ronald M. Harstad
ACMICEC
2007
ACM
220views ECommerce» more  ACMICEC 2007»
13 years 8 months ago
Asymptotically optimal repeated auctions for sponsored search
We investigate asymptotically optimal keyword auctions, that is, auctions which maximize revenue as the number of bidders grows. We do so under two alternative behavioral assumpti...
Nicolas S. Lambert, Yoav Shoham
ATAL
2007
Springer
13 years 11 months ago
Bidding optimally in concurrent second-price auctions of perfectly substitutable goods
We derive optimal bidding strategies for a global bidding agent that participates in multiple, simultaneous second-price auctions with perfect substitutes. We first consider a mo...
Enrico H. Gerding, Rajdeep K. Dash, David C. K. Yu...
ATAL
2004
Springer
13 years 10 months ago
A Study of Limited-Precision, Incremental Elicitation in Auctions
We investigate the design of iterative, limited-precision mechanisms for single-good auctions with dominant strategy equilibria. Our aim is to design mechanisms that minimize the ...
Alexander Kress, Craig Boutilier