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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
ACMICEC
2003
ACM
125views ECommerce» more  ACMICEC 2003»
13 years 10 months ago
A heuristic bidding strategy for multiple heterogeneous auctions
Online auctions are increasingly being used as a medium to procure goods and services. As the number of auction sites increases, however, consumers will inevitably want to track a...
Patricia Anthony, Nicholas R. Jennings
ACMICEC
2003
ACM
97views ECommerce» more  ACMICEC 2003»
13 years 10 months ago
Risk and user preferences in winner determination
We discuss a solution to the winner determination problem which takes into account not only costs but also risk aversion of the agent that accepts the bids. We are interested in b...
Güleser K. Demir, Maria L. Gini
ACMICEC
2003
ACM
87views ECommerce» more  ACMICEC 2003»
13 years 10 months ago
A comparison of two algorithms for multi-unit k-double auctions
We develop two algorithms to manage bid data in flexible, multi-unit double auctions. The first algorithm is a multi-unit extension of the 4-HEAP algorithm, and the second is a ...
Shengli Bao, Peter R. Wurman
ACMICEC
2003
ACM
160views ECommerce» more  ACMICEC 2003»
13 years 10 months ago
An algorithm for computing the outcome of combinatorial auctions with proxy bidding
Combinatorial auctions are difficult to analyze in part because of the vast number of potential strategies available to the bidders. Proxy bidding interfaces limit the users’ s...
Peter R. Wurman, Gangshu Cai, Jie Zhong, Ashish Su...