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» Heuristics for a bidding problem
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WWW
2008
ACM
14 years 8 months ago
Algorithm for stochastic multiple-choice knapsack problem and application to keywords bidding
We model budget-constrained keyword bidding in sponsored search auctions as a stochastic multiple-choice knapsack problem (S-MCKP) and design an algorithm to solve S-MCKP and the ...
Yunhong Zhou, Victor Naroditskiy
TRANSCI
2010
101views more  TRANSCI 2010»
13 years 5 months ago
Computing Time-Dependent Bid Prices in Network Revenue Management Problems
We propose a new method to compute bid prices in network revenue management problems. The novel aspect of our method is that it naturally provides dynamic bid prices that depend o...
Sumit Kunnumkal, Huseyin Topaloglu
AI
2002
Springer
13 years 7 months ago
Algorithm for optimal winner determination in combinatorial auctions
Combinatorial auctions, that is, auctions where bidders can bid on combinations of items, tend to lead to more efficient allocations than traditional auction mechanisms in multi-i...
Tuomas Sandholm
ATAL
2006
Springer
13 years 9 months ago
Evaluating bidding strategies for simultaneous auctions
Bidding for multiple items or bundles on online auctions raises challenging problems. We assume that an agent has a valuation function that returns its valuation for an arbitrary ...
Teddy Candale, Sandip Sen
ECAI
2008
Springer
13 years 9 months ago
BIDFLOW: a New Graph-Based Bidding Language for Combinatorial Auctions
In this paper we introduce a new graph based bidding language for combinatorial auctions. In our language, each bidder submits to the arbitrator a generalized flow network (netbid...
Madalina Croitoru, Cornelius Croitoru, Paul H. Lew...