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» Spiteful Bidding in the Dollar Auction
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IJCAI
2007
14 years 11 months ago
Spiteful Bidding in Sealed-Bid Auctions
We study the bidding behavior of spiteful agents who, contrary to the common assumption of selfinterest, maximize a convex combination of their own profit and their competitorsā€...
Felix Brandt, Tuomas Sandholm, Yoav Shoham
AAAI
2010
14 years 11 months ago
Asymmetric Spite in Auctions
In many auctions, agents bid more aggressively than selfinterest would prescribe. This can be explained by spite, where the agent's utility not only increases in the agent�...
Ankit Sharma, Tuomas Sandholm
77
Voted
WELCOM
2001
Springer
127views ECommerce» more  WELCOM 2001»
15 years 2 months ago
FAucS : An FCC Spectrum Auction Simulator for Autonomous Bidding Agents
Abstract. We introduce FAucS, a software testbed for studying automated agent bidding strategies in simulated auctions, specifically the United States FCC wireless frequency spect...
János A. Csirik, Michael L. Littman, Satind...
95
Voted
SAGT
2009
Springer
176views Game Theory» more  SAGT 2009»
15 years 4 months ago
Bayesian Auctions with Friends and Foes
We study auctions whose bidders are embedded in a social or economic network. As a result, even bidders who do not win the auction themselves might derive utility from the auction,...
Po-An Chen, David Kempe
68
Voted
CORR
2010
Springer
68views Education» more  CORR 2010»
14 years 10 months ago
On the Rationality of Escalation
Escalation is a typical feature of infinite games. Therefore tools conceived for studying infinite mathematical structures, namely those deriving from coinduction are essential. H...
Pierre Lescanne, Perrinel Matthieu