Vidal's libraryTitle: | Bidding Languages for Combinatorial Auctions |
Author: | Craig Boutilier and Holger H. Hoos |
Book Tittle: | Proceedings of the Seventeenth International Joint Conference on Artificial Intelligence |
Pages: | 1211--1217 |
Year: | 2001 |
Abstract: | Combinatorial auctions provide a valuable mechanism for the allocation of goods in settings where buyer valuations exhibit complex structure with respect to substitutability and complementarity. Most algorithms are designed to work with explicit bids for concrete bundles of goods. However, logical bidding languages allow the expression of complex utility functions in a natural and concise way. We introduce a new, generalized language where bids are given by propositional formulae whose subformulae can be annotated with prices. This language allows bidder utilities to be formulated more naturally and concisely than existing languages. Furthermore, we outline a general algorithmic technique for winner determination for auctions that use this bidding language. |
Cited by 36 - Google Scholar
@InProceedings{boutilier01a,
author = {Craig Boutilier and Holger H. Hoos},
title = {Bidding Languages for Combinatorial Auctions},
booktitle = { Proceedings of the Seventeenth International Joint
Conference on Artificial Intelligence},
pages = {1211--1217},
year = 2001,
abstract = {Combinatorial auctions provide a valuable mechanism
for the allocation of goods in settings where buyer
valuations exhibit complex structure with respect to
substitutability and complementarity. Most
algorithms are designed to work with explicit bids
for concrete bundles of goods. However, logical
bidding languages allow the expression of complex
utility functions in a natural and concise way. We
introduce a new, generalized language where bids are
given by propositional formulae whose subformulae
can be annotated with prices. This language allows
bidder utilities to be formulated more naturally and
concisely than existing languages. Furthermore, we
outline a general algorithmic technique for winner
determination for auctions that use this bidding
language.},
keywords = {ai combinatorial auctions},
url = {http://jmvidal.cse.sc.edu/library/boutilier01a.pdf},
googleid = {LiOOtOYlgt0J:scholar.google.com/},
cluster = {15961361702156378926}
}
Last modified: Wed Mar 9 10:15:16 EST 2011