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» Price Formation in Double Auctions
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ACMICEC
2003
ACM
87views ECommerce» more  ACMICEC 2003»
14 years 1 months ago
A comparison of two algorithms for multi-unit k-double auctions
We develop two algorithms to manage bid data in flexible, multi-unit double auctions. The first algorithm is a multi-unit extension of the 4-HEAP algorithm, and the second is a ...
Shengli Bao, Peter R. Wurman
CORR
2011
Springer
204views Education» more  CORR 2011»
13 years 10 days ago
Decentralized Supply Chain Formation: A Market Protocol and Competitive Equilibrium Analysis
Supply chain formation is the process of determining the structure and terms of exchange relationships to enable a multilevel, multiagent production activity. We present a simple ...
William E. Walsh, Michael P. Wellman
SIGECOM
2003
ACM
97views ECommerce» more  SIGECOM 2003»
14 years 1 months ago
A robust open ascending-price multi-unit auction protocol against false-name bids
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...
Atsushi Iwasaki, Makoto Yokoo, Kenji Terada
WWW
2008
ACM
14 years 9 months ago
Online auctions efficiency: a survey of ebay auctions
Online auctions have become a pervasive transaction mechanism for e-commerce. As the largest online marketplace in the world, eBay is an attractive case study that enables the stu...
Wenyan Hu, Alvaro Bolivar
AP2PC
2007
Springer
13 years 10 months ago
A Dynamic Pricing and Bidding Strategy for Autonomous Agents in Grids
In this paper, we propose a dynamic pricing strategy which is used for a market-based resource allocation mechanism in a local Grid. We implement an agent based Grid economy in whi...
Behnaz Pourebrahimi, Koen Bertels, Stamatis Vassil...