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AAAI
2008
15 years 1 months ago
Bidding Strategies for Realistic Multi-Unit Sealed-Bid Auctions
When autonomous agents decide on their bidding strategies in real world auctions, they have a number of concerns that go beyond the models that are normally analyzed in traditiona...
Ioannis A. Vetsikas, Nicholas R. Jennings
CORR
2010
Springer
90views Education» more  CORR 2010»
14 years 11 months ago
Multi-Unit Auctions: Beyond Roberts
We exhibit incentive compatible multi-unit auctions that are not affine maximizers (i.e. are not of the VCG family) and yet approximate the social welfare to within a factor of 1 ...
Shahar Dobzinski, Noam Nisan

Publication
325views
16 years 9 months ago
An Optimal Multi-Unit Combinatorial Procurement Auction with Single Minded Bidders
Abstract: The current art in optimal combinatorial auctions is limited to handling the case of single units of multiple items, with each bidder bidding on exactly one bundle (singl...
Sujit Guajr, Y Narahari
ACMICEC
2003
ACM
152views ECommerce» more  ACMICEC 2003»
15 years 4 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