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» A new approach to auctions and resilient mechanism design
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EOR
2007
89views more  EOR 2007»
13 years 7 months ago
Trade reduction vs. multi-stage: A comparison of double auction design approaches
With the growth of electronic markets, designing double auction mechanisms that are applicable to emerging market structures has become an important research topic. In this paper,...
Leon Yang Chu, Zuo-Jun Max Shen
AAAI
2004
13 years 9 months ago
Methods for Boosting Revenue in Combinatorial Auctions
We study the recognized open problem of designing revenuemaximizing combinatorial auctions. It is unsolved even for two bidders and two items for sale. Rather than pursuing the pu...
Anton Likhodedov, Tuomas Sandholm
HUMAN
2003
Springer
14 years 26 days ago
A Framework of Winner Determination Algorithms for Internet Auctions
Auctions have become popular in conducting trade negotiations on the Internet. The design of new auction formats and other negotiation protocols has become an important topic for r...
Juhnyoung Lee, Sang-goo Lee, Suekyung Lee
SIGECOM
2008
ACM
152views ECommerce» more  SIGECOM 2008»
13 years 7 months ago
On characterizations of truthful mechanisms for combinatorial auctions and scheduling
We characterize truthful mechanisms in two multi-parameter domains. The first characterization shows that every mechanism for combinatorial auctions with two subadditive bidders t...
Shahar Dobzinski, Mukund Sundararajan
FOCS
2005
IEEE
14 years 1 months ago
Beyond VCG: Frugality of Truthful Mechanisms
We study truthful mechanisms for auctions in which the auctioneer is trying to hire a team of agents to perform a complex task, and paying them for their work. As common in the ï¬...
Anna R. Karlin, David Kempe, Tami Tamir