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...
Digital archives protect important data collections from failures by making multiple copies at other archives, so that there are always several good copies of a collection. In a c...
Consider selling bundles of indivisible goods to buyers with concave utilities that are additively separable in money and goods. We propose an ascending auction for the case when ...
Sushil Bikhchandani, Sven de Vries, James Schummer...
In this paper, a combinatorial auction problem is modeled as a NP-complete set packing problem and a Lagrangian relaxation based heuristic algorithm is proposed. Extensive experim...
Yunsong Guo, Andrew Lim, Brian Rodrigues, Jiqing T...
This paper examines seller strategies for dynamic pricing in an auction-driven marketplace. Specifically, this paper focuses on the airline industry, a field experienced in demand...