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MANSCI
2006
73views more  MANSCI 2006»
13 years 5 months ago
Agent Competition Double-Auction Mechanism
We propose an agent competition double auction (AC-DA) mechanism in this paper. The AC-DA mechanism is strategy-proof, individual rational, and weakly budget-balanced if the gener...
Leon Yang Chu, Zuo-Jun Max Shen
ATAL
2007
Springer
13 years 11 months ago
Outperforming the competition in multi-unit sealed bid auctions
In this paper, we examine the behavior of bidding agents that are in direct competition with the other participants in an auction setting. Thus the agents are not simply trying to...
Ioannis A. Vetsikas, Nicholas R. Jennings
WINE
2009
Springer
172views Economy» more  WINE 2009»
13 years 12 months ago
An Online Multi-unit Auction with Improved Competitive Ratio
We improve the best known competitive ratio (from 1/4 to 1/2), for the online multi-unit allocation problem, where the objective is to maximize the single-price revenue. Moreover, ...
Sourav Chakraborty, Nikhil R. Devanur
SIGECOM
2011
ACM
256views ECommerce» more  SIGECOM 2011»
12 years 8 months ago
Competitive equilibrium in two sided matching markets with general utility functions
In this paper, we study the class of competitive equilibria in two sided matching markets with general (non-quasilinear) utility functions. Mechanism design in general non-quasili...
Saeed Alaei, Kamal Jain, Azarakhsh Malekian
AGENTS
1998
Springer
13 years 9 months ago
Competitive Scenarios for Heterogeneous Trading Agents
We present a framework for de ning trading scenarios based on sh market auctions. In these scenarios, agents of arbitrary complexity can participate in electronic auctions under ...
Juan A. Rodríguez-Aguilar, Francisco J. Mar...