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MANSCI
2010
113views more  MANSCI 2010»
13 years 3 months ago
Prediction Markets: Alternative Mechanisms for Complex Environments with Few Traders
Double auction prediction markets have proven successful in large-scale applications such as elections and sporting events. Consequently, several large corporations have adopted t...
Paul J. Healy, Sera Linardi, J. Richard Lowery, Jo...
JAIR
2007
113views more  JAIR 2007»
13 years 5 months ago
Chain: A Dynamic Double Auction Framework for Matching Patient Agents
In this paper we present and evaluate a general framework for the design of truthful auctions for matching agents in a dynamic, two-sided market. A single commodity, such as a res...
Jonathan Bredin, David C. Parkes, Quang Duong
SIGECOM
2005
ACM
122views ECommerce» more  SIGECOM 2005»
13 years 11 months ago
Multi-unit auctions with budget-constrained bidders
We study a multi-unit auction with multiple bidders, each of whom has a private valuation and a budget. The truthful mechanisms of such an auction are characterized, in the sense ...
Christian Borgs, Jennifer T. Chayes, Nicole Immorl...
JSSPP
2010
Springer
13 years 3 months ago
A Greedy Double Auction Mechanism for Grid Resource Allocation
To improve the resource utilization and satisfy more users, a Greedy Double Auction Mechanism(GDAM) is proposed to allocate resources in grid environments. GDAM trades resources at...
Ding Ding, Siwei Luo, Zhan Gao
SIGECOM
2008
ACM
152views ECommerce» more  SIGECOM 2008»
13 years 5 months ago
On characterizations of truthful mechanisms for combinatorial auctions and scheduling
We characterize truthful mechanisms in two multi-parameter domains. The first characterization shows that every mechanism for combinatorial auctions with two subadditive bidders t...
Shahar Dobzinski, Mukund Sundararajan