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AAAI
2004
13 years 11 months ago
Methods for Boosting Revenue in Combinatorial Auctions
We study the recognized open problem of designing revenuemaximizing combinatorial auctions. It is unsolved even for two bidders and two items for sale. Rather than pursuing the pu...
Anton Likhodedov, Tuomas Sandholm
WECWIS
2007
IEEE
130views ECommerce» more  WECWIS 2007»
14 years 4 months ago
Improved Rules for the Resource Allocation Design
Iterative Combinatorial Auctions (ICA) have been getting increasing attention both from researchers and in practice as they can increase efficiency of complex markets with substi...
Pasha Shabalin, Bernd Laqua, Alexander Pikovsky
ATAL
2008
Springer
13 years 11 months ago
Characterizing effective auction mechanisms: insights from the 2007 TAC market design competition
This paper analyzes the entrants to the 2007 TAC Market Design competition. It presents a classification of the entries to the competition, and uses this classification to compare...
Jinzhong Niu, Kai Cai, Simon Parsons, Enrico Gerdi...
AMEC
2004
Springer
14 years 3 months ago
An Evolutionary Game-Theoretic Comparison of Two Double-Auction Market Designs
In this paper we describe an analysis of two double auction markets— the clearing house auction and the continuous double auction. The complexity of these institutions is such th...
Steve Phelps, Simon Parsons, Peter McBurney
INTERFACES
2008
128views more  INTERFACES 2008»
13 years 9 months ago
Relevance to Practice and Auction Theory: A Memorial Essay for Michael Rothkopf
re more abstract than necessary. They depend on assumptions that are highly unlikely to occur in practical situations, which are often less formal and rigid. Nonetheless, we discus...
Ronald M. Harstad, Aleksandar Sasa Pekec