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WECWIS
2003
IEEE
97views ECommerce» more  WECWIS 2003»
14 years 21 days ago
Auctions with Untrustworthy Bidders
The paper analyzes auctions which are not completely enforceable. In such auctions, economic agents may fail to carry out their obligations, and parties involved cannot rely on ex...
Sviatoslav Braynov, Tuomas Sandholm
ATAL
2003
Springer
14 years 20 days ago
Miscomputing ratio: social cost of selfish computing
Auctions are useful mechanism for allocating items (goods, tasks, resources, etc.) in multiagent systems. The bulk of auction theory assumes that the bidders’ valuations for ite...
Kate Larson, Tuomas Sandholm
SIGECOM
2005
ACM
117views ECommerce» more  SIGECOM 2005»
14 years 1 months ago
First-price path auctions
We study first-price auction mechanisms for auctioning flow between given nodes in a graph. A first-price auction is any auction in which links on winning paths are paid their ...
Nicole Immorlica, David R. Karger, Evdokia Nikolov...
ATAL
2007
Springer
14 years 1 months ago
Bidding optimally in concurrent second-price auctions of perfectly substitutable goods
We derive optimal bidding strategies for a global bidding agent that participates in multiple, simultaneous second-price auctions with perfect substitutes. We first consider a mo...
Enrico H. Gerding, Rajdeep K. Dash, David C. K. Yu...
AMMA
2009
Springer
14 years 2 months ago
Auctions with Dynamic Populations: Efficiency and Revenue Maximization
ABSTRACT: We examine an environment where goods and privately informed buyers arrive stochastically to a market. A seller in this setting faces a sequential allocation problem with...
Maher Said