Mixed Multi-Unit Combinatorial Auctions (MMUCAs) allow agents to bid for bundles of goods to buy, goods to sell, and transformations of goods. In particular, MMUCAs offer a high ...
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...
This paper describes simulations designed to test the relative efficiency of two different sequential auction mechanisms for allocating compute resources between users in a shared...
Abstract. We present a compositional trace-based model for probabilistic systems. The behavior of a system with probabilistic choice is a stochasticprocess, namely, a probability d...
The monopolist’s theory of optimal single-item auctions for agents with independent private values can be summarized by two statements. The first is from Myerson [8]: the optim...