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ATAL
2008
Springer
13 years 9 months ago
Approximating mixed Nash equilibria using smooth fictitious play in simultaneous auctions
We investigate equilibrium strategies for bidding agents that participate in multiple, simultaneous second-price auctions with perfect substitutes. For this setting, previous rese...
Enrico H. Gerding, Zinovi Rabinovich, Andrew Byde,...
IJCAI
2001
13 years 9 months ago
CABOB: A Fast Optimal Algorithm for Combinatorial Auctions
Combinatorial auctions where bidders can bid on bundles of items can lead to more economical allocations, but determining the winners is NP-complete and inapproximable. We present...
Tuomas Sandholm, Subhash Suri, Andrew Gilpin, Davi...
AI
2008
Springer
13 years 7 months ago
Strategic bidding in continuous double auctions
In this paper, we describe a novel bidding strategy that autonomous trading agents can use to participate in Continuous Double Auctions (CDAs). Our strategy is based on both short...
Perukrishnen Vytelingum, Dave Cliff, Nicholas R. J...
WWW
2007
ACM
14 years 8 months ago
Dynamics of bid optimization in online advertisement auctions
We consider the problem of online keyword advertising auctions among multiple bidders with limited budgets, and study a natural bidding heuristic in which advertisers attempt to o...
Christian Borgs, Jennifer T. Chayes, Nicole Immorl...

Publication
325views
15 years 5 months ago
An Optimal Multi-Unit Combinatorial Procurement Auction with Single Minded Bidders
Abstract: The current art in optimal combinatorial auctions is limited to handling the case of single units of multiple items, with each bidder bidding on exactly one bundle (singl...
Sujit Guajr, Y Narahari