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» Bidder's strategy under group-buying auction on the Internet
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325views
15 years 3 months ago
An Optimal Multi-Unit Combinatorial Procurement Auction with Single Minded Bidders
Abstract: The current art in optimal combinatorial auctions is limited to handling the case of single units of multiple items, with each bidder bidding on exactly one bundle (singl...
Sujit Guajr, Y Narahari
AGENTS
2001
Springer
13 years 9 months ago
Vicious strategies for Vickrey auctions
We show that the Vickrey auction, despite its theoretical benefits, is inappropriate if “antisocial” agents participate in the auction process. More specifically, an antisoc...
Felix Brandt, Gerhard Weiß
SAGT
2009
Springer
176views Game Theory» more  SAGT 2009»
13 years 11 months ago
Bayesian Auctions with Friends and Foes
We study auctions whose bidders are embedded in a social or economic network. As a result, even bidders who do not win the auction themselves might derive utility from the auction,...
Po-An Chen, David Kempe
SIGECOM
2005
ACM
122views ECommerce» more  SIGECOM 2005»
13 years 10 months ago
Multi-unit auctions with budget-constrained bidders
We study a multi-unit auction with multiple bidders, each of whom has a private valuation and a budget. The truthful mechanisms of such an auction are characterized, in the sense ...
Christian Borgs, Jennifer T. Chayes, Nicole Immorl...
SIGECOM
2003
ACM
106views ECommerce» more  SIGECOM 2003»
13 years 10 months ago
Envy-free auctions for digital goods
We study auctions for a commodity in unlimited supply, e.g., a digital good. In particular we consider three desirable properties for auctions: • Competitive: the auction achiev...
Andrew V. Goldberg, Jason D. Hartline