In addition to useful Economic interpretation, auction based algorithms are generally found to be efficient. In this note, we observe that the auction-based mechanism can also be u...
In this paper, we derive optimal bidding strategies for a global bidder who participates in multiple, simultaneous second-price auctions with perfect substitutes. We first conside...
Enrico H. Gerding, Rajdeep K. Dash, David C. K. Yu...
In this paper we explore whether an auctioneer/buyer may benefit from introducing his transformability relationships (some goods can be transformed into others at a transformation...
Online auctions are becoming an increasingly important channel for electronic commerce. There exist more than 150 online auction sites on the Internet. It is difficult for users t...
We introduce a new type of combinatorial auction that allows agents to bid for goods to buy, for goods to sell, and for transformations of goods. One such transformation can be se...