We show that the Vickrey auction, despite its theoretical benefits, is inappropriate if “antisocial” agents participate in the auction process. More specifically, an antisoc...
In recent years auctions have become more and more important in the field of multiagent systems as useful mechanisms for resource allocation and task assignment. In many cases the...
The monopolist’s theory of optimal single-item auctions for agents with independent private values can be summarized by two statements. The first is from Myerson [8]: the optim...
In recent years auctions have become more and more important in the field of multiagent systems as useful mechanisms for resource allocation, task assignment and last but not leas...
Future agent mediated eCommerce will involve open systems of agents interoperating between different institutions, where different auction protocols may be in use. We argue that i...