Vidal's library
Title: Multiagent Coordination Using a Distributed Combinatorial Auction
Author: José M. Vidal
Book Tittle: AAAI Workshop on Auction Mechanism for Robot Coordination
Month: July
Year: 2006
Poster: Here
Abstract: Combinatorial auctions are a great way to represent and solve distributed allocation problems. Unfortunately, most of the winner determination solutions that exists are centralized. They require all agents to send their bids to a centralized auctioneer who then determines the winners. The PAUSE auction, in contrast, is an increasing-price combinatorial auction in which the problem of winner determination is naturally distributed amongst the bidders. Furthermore, the bidders' have an incentive to perform the required computations. But, until now, no bidding algorithm for the auction existed. We provide a bidding algorithm for agents in a PAUSE auction, the pausebid algorithm. It always returns the bid that maximizes the bidder's utility. In effect, pausebid is a the distributed counterpart to the existing centralized winner determination algorithms, from which we borrow several proven techniques. Our test results show that a system where all agents use pausebid finds the revenue-maximizing solution at least 95% of the time. Run time, as expected since this is an NP-complete problem, remains exponential on the number of items.

Cited by 1  -  Google Scholar

@InProceedings{vidal06a,
  author =	 {Jos\'{e} M. Vidal},
  title =	 {Multiagent Coordination Using a Distributed
                  Combinatorial Auction},
  booktitle =	 {{AAAI} Workshop on Auction Mechanism for Robot
                  Coordination},
  year =	 2006,
  month =	 {July},
  abstract =	 { Combinatorial auctions are a great way to represent
                  and solve distributed allocation
                  problems. Unfortunately, most of the winner
                  determination solutions that exists are
                  centralized. They require all agents to send their
                  bids to a centralized auctioneer who then determines
                  the winners. The PAUSE auction, in contrast, is an
                  increasing-price combinatorial auction in which the
                  problem of winner determination is naturally
                  distributed amongst the bidders. Furthermore, the
                  bidders' have an incentive to perform the required
                  computations. But, until now, no bidding algorithm
                  for the auction existed. We provide a bidding
                  algorithm for agents in a PAUSE auction, the
                  pausebid algorithm. It always returns the bid that
                  maximizes the bidder's utility. In effect, pausebid
                  is a the distributed counterpart to the existing
                  centralized winner determination algorithms, from
                  which we borrow several proven techniques. Our test
                  results show that a system where all agents use
                  pausebid finds the revenue-maximizing solution at
                  least 95\% of the time. Run time, as expected since
                  this is an NP-complete problem, remains exponential
                  on the number of items. },
  cluster = 	 {16414258313793794495},
  url = 	 {http://jmvidal.cse.sc.edu/papers/vidal06a.pdf},
  poster = 	 {http://jmvidal.cse.sc.edu/papers/vidal06a-poster.pdf},
  keywords = 	 {multiagent combinatorial auctions}
}
Last modified: Wed Mar 9 10:16:32 EST 2011