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CCIA
2005
Springer
13 years 10 months ago
Auctioning Substitutable Goods
In this paper we extend the notion of multi-unit combinatorial reverse auction by adding a new dimension to the goods at auction. In such a new type of combinatorial auction a buye...
Andrea Giovannucci, Juan A. Rodríguez-Aguil...
ATAL
2007
Springer
13 years 10 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...
SIGECOM
2000
ACM
142views ECommerce» more  SIGECOM 2000»
13 years 9 months ago
Bidding clubs: institutionalized collusion in auctions
We introduce a class of mechanisms, called bidding clubs, for agents to coordinate their bidding in auctions. In a bidding club agents first conduct a “pre-auction” within th...
Kevin Leyton-Brown, Yoav Shoham, Moshe Tennenholtz
UAI
2004
13 years 5 months ago
Bidding under Uncertainty: Theory and Experiments
This paper describes a study of agent bidding strategies, assuming combinatorial valuations for complementary and substitutable goods, in three auction environments: sequential au...
Amy R. Greenwald, Justin A. Boyan
FGCS
2007
112views more  FGCS 2007»
13 years 4 months ago
A commodity market algorithm for pricing substitutable Grid resources
A crucial goal for future Grid systems is to strive towards user-centric service provisioning. A way to achieve this is through the use of economics-based resource management. Cur...
Gunther Stuer, Kurt Vanmechelen, Jan Broeckhove