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» Designing the perfect auction
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MAGS
2010
153views more  MAGS 2010»
13 years 4 months ago
Designing bidding strategies in sequential auctions for risk averse agents
Designing efficient bidding strategies for sequential auctions remains an important, open problem area in agent-mediated electronic markets. In existing literature, a variety of bi...
Valentin Robu, Han La Poutré
SAC
2006
ACM
14 years 3 months ago
Implementing rule-based mechanisms for agent-based price negotiations
This note describes a sample implementation of automated negotiations in an e-commerce modeling multi-agent system. A specific set of rules is used for enforcing negotiation mech...
Costin Badica, Adriana Badita, Maria Ganzha
STOC
2009
ACM
112views Algorithms» more  STOC 2009»
14 years 10 months ago
A new approach to auctions and resilient mechanism design
We put forward a new approach to mechanism design, and exemplify it via a new mechanism guaranteeing significant revenue in unrestricted combinatorial auctions. Our mechanism ? su...
Jing Chen, Silvio Micali
JAIR
2007
113views more  JAIR 2007»
13 years 9 months ago
Chain: A Dynamic Double Auction Framework for Matching Patient Agents
In this paper we present and evaluate a general framework for the design of truthful auctions for matching agents in a dynamic, two-sided market. A single commodity, such as a res...
Jonathan Bredin, David C. Parkes, Quang Duong
WECWIS
2003
IEEE
97views ECommerce» more  WECWIS 2003»
14 years 3 months ago
Auctions with Untrustworthy Bidders
The paper analyzes auctions which are not completely enforceable. In such auctions, economic agents may fail to carry out their obligations, and parties involved cannot rely on ex...
Sviatoslav Braynov, Tuomas Sandholm