This paper presents a new ascending-price multi-unit auction protocol. As far as the authors are aware, this is the first protocol that has an open format, and in which sincere b...
This work describes a multi-agent architecture and strategy for trade in simultaneous and related auctions. The proposed SIMPLE Agency combines an integer programming model, machi...
We present a framework for dening trading scenarios based on sh market auctions. In these scenarios, agents of arbitrary complexity can participate in electronic auctions under ...
Abstract— Shill bidding is where spurious bids are introduced into an auction to drive up the final price for the seller, thereby defrauding legitimate bidders. Trevathan and Re...
Many real life situations, like the financial market, auctions and resources competitions, can be modeled as Minority Games. In minority games, players choose to join one of the ...