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 ...
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 ...
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...
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...
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...