Vidal's library
Title: Decentralized Peer-to-Peer Auctions
Author: Marcus Fontoura, Mihail Ionescu, and Naftaly Minsky
Journal: Electronic Commerce Research
Volume: 5
Number: 1
Pages: 7--24
Year: 2005
Abstract: This paper proposes a flexible architecture for the creation of Internet auctions. It allows the custom definition of the auction parameters, and provides a decentralized control of the auction process. Auction policies are defined as laws in the Law Governed Interaction (LGI) paradigm. Each of these laws specifies not only the auction algorithm itself (e.g., open-cry, Dutch, etc.) but also how to handle the other parameters usually involved in the online auctions, such as certification, auditioning, and treatment of complaints. LGI is used to enforce the rules established in the auction policy within the agents involved in the process. After the agents find out about the actions, they interact in a peer-to-peer communication protocol, reducing the role of the centralized auction room to an advertising registry, and taking profit of the distributed nature of the Internet to conduct the auction. The paper presents an example of an auction law, illustrating the use of the proposed architecture.

Cited by 6  -  Google Scholar

@Article{fontoura05a,
  author =	 {Marcus Fontoura and Mihail Ionescu and Naftaly
                  Minsky},
  title =	 {Decentralized Peer-to-Peer Auctions},
  journal =	 {Electronic Commerce Research},
  year =	 2005,
  volume =	 5,
  number =	 1,
  pages =	 {7--24},
  abstract =	 {This paper proposes a flexible architecture for the
                  creation of Internet auctions. It allows the custom
                  definition of the auction parameters, and provides a
                  decentralized control of the auction
                  process. Auction policies are defined as laws in the
                  Law Governed Interaction (LGI) paradigm. Each of
                  these laws specifies not only the auction algorithm
                  itself (e.g., open-cry, Dutch, etc.) but also how to
                  handle the other parameters usually involved in the
                  online auctions, such as certification, auditioning,
                  and treatment of complaints. LGI is used to enforce
                  the rules established in the auction policy within
                  the agents involved in the process. After the agents
                  find out about the actions, they interact in a
                  peer-to-peer communication protocol, reducing the
                  role of the centralized auction room to an
                  advertising registry, and taking profit of the
                  distributed nature of the Internet to conduct the
                  auction. The paper presents an example of an auction
                  law, illustrating the use of the proposed
                  architecture.},
  keywords =     {multiagent auctions p2p},
  url = 	 {http://jmvidal.cse.sc.edu/library/fontoura05a.pdf},
  googleid = 	 {F2K8UUwDln0J:scholar.google.com/},
  cluster = 	 {9049424127571288599}
}
Last modified: Wed Mar 9 10:16:20 EST 2011