Abstract. Combinatorial exchanges have attracted much attention recently. However, to this point there is no generally accepted payment allocation algorithm capable of clearing com...
In this paper, we present the overall design for an auctioning based resource trading/acquiring system that can be deployed in wide-area computing systems such as Grid systems. Se...
Chunming Chen, Muthucumaru Maheswaran, Michel Toul...
For the problem of allocating one or more items among a group of competing agents, the Vickrey-Clarke-Groves (VCG) mechanism is strategy-proof and efficient. However, the VCG mech...
We investigate the design of iterative, limited-precision mechanisms for single-good auctions with dominant strategy equilibria. Our aim is to design mechanisms that minimize the ...
Combinatorial auctions, where bidders can bid on bundles of items are known to be desirable auction mechanisms for selling items that are complementary and/or substitutable. Howev...