Online auctions are rapidly becoming one of the significant forms of electronic commerce for buying and selling goods and services. A good understanding of the workload of auctio...
In most electronic auctions conducted over the Internet today price is still the only decision criteria for the best bid. This is true for all sorts of auctions in the electronic ...
Birgit Burmeister, Tobias Ihde, Thomas Kittsteiner...
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 ...
Distributed allocation and multiagent coordination problems can be solved through combinatorial auctions (CAs). However, most of the existing winner determination algorithms (WDAs...
We exhibit incentive compatible multi-unit auctions that are not affine maximizers (i.e. are not of the VCG family) and yet approximate the social welfare to within a factor of 1 ...