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» Price Formation in Double Auctions
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SASO
2008
IEEE
14 years 2 months ago
Market Formulation for Resources Allocation in an Ad-Hoc Grid
An ad hoc grid is a spontaneous formation of cooperating heterogenous computing nodes which attempts to provide computing resources on demand to every participant. In this paper, ...
Behnaz Pourebrahimi, Luc Onana Alima, Koen Bertels
TSMC
2002
182views more  TSMC 2002»
13 years 8 months ago
Bidder's strategy under group-buying auction on the Internet
The group-buying auction is a new kind of dynamic pricing mechanism on the Internet. It is a variant of the sellers' price double auction, which makes the bidders as a group t...
Jian Chen, Xilong Chen, Xiping Song
JSSPP
2010
Springer
13 years 6 months ago
A Greedy Double Auction Mechanism for Grid Resource Allocation
To improve the resource utilization and satisfy more users, a Greedy Double Auction Mechanism(GDAM) is proposed to allocate resources in grid environments. GDAM trades resources at...
Ding Ding, Siwei Luo, Zhan Gao
CI
2007
130views more  CI 2007»
13 years 8 months ago
Price Dynamics, Informational Efficiency, and Wealth Distribution in Continuous Double-Auction Markets
This paper studies the properties of the continuous double auction trading mechanishm using an artificial market populated by heterogeneous computational agents. In particular, we...
Javier Gil-Bazo, David Moreno, Mikel Tapia
DAGSTUHL
2007
13 years 10 months ago
Auction Design with Avoidable Fixed Costs: An Experimental Approach
Advances in information technology and computational power have opened the doors for auctioneers to explore a range of auction formats by considering varying degrees of bid expres...
Wedad Elmaghraby, Nathan Larson