This paper describes simulations designed to test the relative efficiency of two different sequential auction mechanisms for allocating compute resources between users in a shared...
We study auctions for a commodity in unlimited supply, e.g., a digital good. In particular we consider three desirable properties for auctions: • Competitive: the auction achiev...
When autonomous agents decide on their bidding strategies in real world auctions, they have a number of concerns that go beyond the models that are normally analyzed in traditiona...
Combinatorial auctions are difficult to analyze in part because of the vast number of potential strategies available to the bidders. Proxy bidding interfaces limit the users’ s...
Peter R. Wurman, Gangshu Cai, Jie Zhong, Ashish Su...
We develop multiattribute auctions that accommodate generalized additive independent (GAI) preferences. We propose an iterative auction mechanism that maintains prices on potentia...