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SIGECOM
2005
ACM
120views ECommerce» more  SIGECOM 2005»
14 years 3 months ago
Optimal design of English auctions with discrete bid levels
In this paper we consider a common form of the English auction that is widely used in online Internet auctions. This discrete bid auction requires that the bidders may only submit...
Esther David, Alex Rogers, Jeremy Schiff, Sarit Kr...
AAAI
2010
13 years 11 months ago
Envy Quotes and the Iterated Core-Selecting Combinatorial Auction
Using a model of agent behavior based around envy-reducing strategies, we describe an iterated combinatorial auction in which the allocation and prices converge to a solution in t...
Abraham Othman, Tuomas Sandholm
WECWIS
2006
IEEE
141views ECommerce» more  WECWIS 2006»
14 years 3 months ago
Iterative Combinatorial Auctions with Linear Prices: Results of Numerical Experiments
Iterative Combinatorial Auctions (ICA) have been getting increasing attention in computer science and economics, as they provide an efficient solution to resource allocation prob...
Alexander Pikovsky, Pasha Shabalin, Martin Bichler
SIGECOM
2009
ACM
139views ECommerce» more  SIGECOM 2009»
14 years 4 months ago
Simple versus optimal mechanisms
The monopolist’s theory of optimal single-item auctions for agents with independent private values can be summarized by two statements. The first is from Myerson [8]: the optim...
Jason D. Hartline, Tim Roughgarden
WINE
2005
Springer
121views Economy» more  WINE 2005»
14 years 3 months ago
A Simple Characterization for Truth-Revealing Single-Item Auctions
Abstract. We give a simple characterization of all single-item truthrevealing auctions under some mild (and natural) assumptions about the auctions. Our work opens up the possibili...
Kamal Jain, Aranyak Mehta, Kunal Talwar, Vijay V. ...