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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
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
IJCAI
2007
13 years 6 months ago
Spiteful Bidding in Sealed-Bid Auctions
We study the bidding behavior of spiteful agents who, contrary to the common assumption of selfinterest, maximize a convex combination of their own proļ¬t and their competitorsā€...
Felix Brandt, Tuomas Sandholm, Yoav Shoham
CIMCA
2008
IEEE
13 years 11 months ago
Seller's Strategies for Predicting Winning Bid Prices in Online Auctions
Online auctions have become extremely popular in recent years. Ability to predict winning bid prices accurately can help bidders to maximize their profit. This paper proposes a nu...
Yevgeniya Kovalchuk
ECIS
2000
13 years 6 months ago
Electronic Multidimensional Auctions and the Role of Information Feedback
Traditionally, companies aiming to achieve competition among suppliers have used sealed bidding procedures in their sourcing processes. The advances in information technology and i...
Otto R. Koppius, Manoj Kumar, Eric van Heck