Abstract. Current auctions often expose bidding agents to two difficult, yet common, problems. First, bidding agents often have the opportunity to participate in successive auctio...
The paper presents the design of a software infrastructure that can support negotiation and competition among buyers and sellers of goods (auctioning) over the Internet. The goals...
We consider the problem of revenue maximization in online auctions, that is, auctions in which bids are received and dealt with one-by-one. In this note, we demonstrate that resul...
In most electronic auctions conducted over the Internet today price is still the only decision criteria for the best bid. This is true for all sorts of auctions in the electronic ...
Birgit Burmeister, Tobias Ihde, Thomas Kittsteiner...
We propose an agent competition double auction (AC-DA) mechanism in this paper. The AC-DA mechanism is strategy-proof, individual rational, and weakly budget-balanced if the gener...