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Publication
270views
15 years 3 months ago
Optimal Auctions for Multi-Unit Procurement with Volume Discount Bids
Our attention is focused on designing an optimal procurement mechanism which a buyer can use for procuring multiple units of a homogeneous item based on bids submitted by autonomou...
N. Hemachandra, Raghav Kumar Gautam, V. Hastagiri ...
AAAI
2000
13 years 6 months ago
An Algorithm for Multi-Unit Combinatorial Auctions
We present a novel algorithm for computing the optimal winning bids in a combinatorial auction (CA), that is, an auction in which bidders bid for bundles of goods. All previously ...
Kevin Leyton-Brown, Yoav Shoham, Moshe Tennenholtz
JAIR
2010
100views more  JAIR 2010»
13 years 3 months ago
Mechanisms for Multi-Unit Auctions
We present an incentive-compatible polynomial-time approximation scheme for multiunit auctions with general k-minded player valuations. The mechanism fully optimizes over an appro...
Shahar Dobzinski, Noam Nisan
ACMICEC
2007
ACM
220views ECommerce» more  ACMICEC 2007»
13 years 9 months ago
Asymptotically optimal repeated auctions for sponsored search
We investigate asymptotically optimal keyword auctions, that is, auctions which maximize revenue as the number of bidders grows. We do so under two alternative behavioral assumpti...
Nicolas S. Lambert, Yoav Shoham
AAAI
2004
13 years 6 months ago
Methods for Boosting Revenue in Combinatorial Auctions
We study the recognized open problem of designing revenuemaximizing combinatorial auctions. It is unsolved even for two bidders and two items for sale. Rather than pursuing the pu...
Anton Likhodedov, Tuomas Sandholm