15 search results - page 2 / 3 » Failures of the VCG mechanism in combinatorial auctions and ... |
ATAL
2006
Springer
13 years 9 months ago
2006
Springer
This paper develops a new combinatorial auction protocol called the Groves Mechanism with SubModular Approximation (GM-SMA). This protocol satisfies the following characteristics:...
SAGT
2009
Springer
13 years 11 months ago
2009
Springer
Roberts’ theorem from 1979 states that the only incentive compatible mechanisms over a full domain and range of at least 3 are weighted variants of the VCG mechanism termed affin...
ECWEB
2003
Springer
13 years 10 months ago
2003
Springer
Abstract. Combinatorial exchanges have attracted much attention recently. However, to this point there is no generally accepted payment allocation algorithm capable of clearing com...
CORR
2008
Springer
13 years 5 months ago
2008
Springer
One of the Multi-Agent Systems that is widely used by various government agencies, buyers and sellers in a market economy, in such a manner so as to attain optimized resource allo...
ATAL
2003
Springer
13 years 10 months ago
2003
Springer
Combinatorial auctions where agents can bid on bundles of items are desirable because they allow the agents to express complementarity and substitutability between the items. Howe...