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» Mechanisms for Multi-Unit Auctions
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121
Voted
SIGECOM
2004
ACM
93views ECommerce» more  SIGECOM 2004»
15 years 7 months ago
Strategic deliberation and truthful revelation: an impossibility result
In many market settings, agents do not know their preferences a priori. Instead, they may have to solve computationally complex optimization problems, query databases, or perform ...
Kate Larson, Tuomas Sandholm
112
Voted
SIGECOM
2008
ACM
127views ECommerce» more  SIGECOM 2008»
15 years 1 months ago
Posted prices vs. negotiations: an asymptotic analysis
Full revelation of private values is impractical in many large-scale markets, where posted price mechanisms are a simpler alternative. In this work, we compare the asymptotic beha...
Liad Blumrosen, Thomas Holenstein
WINE
2010
Springer
153views Economy» more  WINE 2010»
14 years 11 months ago
Approximation Schemes for Sequential Posted Pricing in Multi-unit Auctions
We design algorithms for computing approximately revenue-maximizing sequential postedpricing mechanisms (SPM) in K-unit auctions, in a standard Bayesian model. A seller has K copi...
Tanmoy Chakraborty, Eyal Even-Dar, Sudipto Guha, Y...
123
Voted
WINE
2010
Springer
152views Economy» more  WINE 2010»
14 years 11 months ago
Collusion in VCG Path Procurement Auctions
We consider collusion in path procurement auctions, where payments are determined using the VCG mechanism. We show that collusion can increase the utility of the agents, and in som...
Yoram Bachrach, Peter Key, Morteza Zadimoghaddam
ATAL
2006
Springer
15 years 3 months ago
Mertacor: a successful autonomous trading agent
In this paper we present the internal architecture and bidding mechanisms designed for Mertacor, a successful trading agent, which ended up first in the Classic Trading Agent Comp...
Panos Toulis, Dionisis Kehagias, Pericles A. Mitka...