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» Sequential Bidding in the Bailey-Cavallo Mechanism
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WINE
2009
Springer
128views Economy» more  WINE 2009»
14 years 5 months ago
Sequential Bidding in the Bailey-Cavallo Mechanism
Abstract. We are interested in mechanisms that maximize social welfare. In [2] this problem was studied for multi-unit auctions and for public project problems, and in each case so...
Krzysztof R. Apt, Evangelos Markakis
ATAL
2006
Springer
14 years 2 months ago
A comparison between mechanisms for sequential compute resource auctions
This paper describes simulations designed to test the relative efficiency of two different sequential auction mechanisms for allocating compute resources between users in a shared...
Andrew Byde
ECAI
2010
Springer
13 years 12 months ago
Addressing the Exposure Problem of Bidding Agents Using Flexibly Priced Options
Abstract. In this paper we introduce a new option pricing mechanism for reducing the exposure problem encountered by bidding agents with complementary valuations when participating...
Valentin Robu, Ioannis A. Vetsikas, Enrico H. Gerd...
ATAL
2006
Springer
14 years 2 months ago
A Comparison of Sequential and Simultaneous Auctions
Sequential and simultaneous auctions are two important mechanisms for buying/selling multiple objects. These two mechanisms yield different outcomes (i.e., different revenues and a...
S. Shaheen Fatima
SIGECOM
2008
ACM
158views ECommerce» more  SIGECOM 2008»
13 years 10 months ago
Information revelation and random entry in sequential ascending auctions
We examine a model in which multiple buyers with single-unit demand are faced with an infinite sequence of auctions. New buyers arrive on the market probabilistically, and are each...
Maher Said