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AAAI
2008
13 years 7 months ago
Bidding Strategies for Realistic Multi-Unit Sealed-Bid Auctions
When autonomous agents decide on their bidding strategies in real world auctions, they have a number of concerns that go beyond the models that are normally analyzed in traditiona...
Ioannis A. Vetsikas, Nicholas R. Jennings
CORR
2010
Springer
90views Education» more  CORR 2010»
13 years 4 months ago
Multi-Unit Auctions: Beyond Roberts
We exhibit incentive compatible multi-unit auctions that are not affine maximizers (i.e. are not of the VCG family) and yet approximate the social welfare to within a factor of 1 ...
Shahar Dobzinski, Noam Nisan

Publication
325views
15 years 2 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
ACMICEC
2003
ACM
152views ECommerce» more  ACMICEC 2003»
13 years 10 months ago
Optimal clearing algorithms for multi-unit single-item and multi-unit combinatorial auctions with demand/supply function bidding
This paper presents new clearing algorithms for multi-unit single-item and multi-unit combinatorial auctions with piecewise linear demand/supply functions. We analyse the complexi...
Viet Dung Dang, Nicholas R. Jennings