We study first-price auction mechanisms for auctioning flow between given nodes in a graph. A first-price auction is any auction in which links on winning paths are paid their ...
Nicole Immorlica, David R. Karger, Evdokia Nikolov...
One of the Multi-Agent Systems that is widely used by various government agencies, buyers and sellers in a market economy, in such a manner so as to attain optimized resource allo...
Auctions are useful mechanism for allocating items (goods, tasks, resources, etc.) in multiagent systems. The bulk of auction theory assumes that the bidders’ valuations for ite...
Spectrum is a critical yet scarce resource and it has been shown that dynamic spectrum access can significantly improve spectrum utilization. To achieve this, it is important to ...
One of the main contributions of classical mechanism design is the derivation of the Groves mechanisms. The class of Groves mechanisms are the only mechanisms that are strategy-pr...