Auctions are useful mechanism for allocating items (goods, tasks, resources, etc.) in multiagent systems. The bulk of auction theory assumes that the bidders’ valuations for ite...
Abstract. This paper presents a new protocol for M + 1st-price auction, a style of auction in which the highest M bidders win and pay a uniform price, determined by the (M + 1)st p...
Electronic marketplaces can provide several types of business processes depending upon their target audience. A form of such processes is electronic auction. It is a system for ac...
This research uses functional data modelling to study the price formation process of online auctions. It conceptualizes the price curve and its first and second derivatives (veloc...
In recent years auctions have become more and more important in the field of multiagent systems as useful mechanisms for resource allocation and task assignment. In many cases the...