Vidal's libraryTitle: | Approximate Bidding Algorithms for a Distributed Combinatorial Auction (Short Paper) |
Author: | Benito Mendoza and José M. Vidal |
Book Tittle: | Proceedings of the 7th International Conference on Autonomous Agents and Multiagent Systems |
Editor: | Padgham, Parkes, Müller, and Parsons |
Month: | May |
Year: | 2008 |
Abstract: | Distributed allocation and multiagent coordination problems can be solved through combinatorial auctions (CAs). However, most of the existing winner determination algorithms (WDAs) for CAs are centralized. The PAUSE auction is one of a few efforts to release the auctioneer from having to do all the work. The pausebid bidding algorithm generates myopically-optimal bids for agents in a PAUSE auction but its running time is exponential on the number of bids. We present new approximate bidding algorithms that not only run in linear time but also increase the utility of the bidders as result of small decrement in revenue. |
@InProceedings{mendoza08a,
author = {Benito Mendoza and Jos\'{e} M. Vidal},
title = {Approximate Bidding Algorithms for a Distributed
Combinatorial Auction (Short Paper)},
booktitle = {Proceedings of the 7th International Conference on
Autonomous Agents and Multiagent Systems},
year = 2008,
editor = {Padgham and Parkes and M\"{u}ller and Parsons},
address = {Estoril, Portugal},
month = {May},
abstract = { Distributed allocation and multiagent coordination
problems can be solved through combinatorial
auctions (CAs). However, most of the existing winner
determination algorithms (WDAs) for CAs are
centralized. The PAUSE auction is one of a few
efforts to release the auctioneer from having to do
all the work. The pausebid bidding algorithm
generates myopically-optimal bids for agents in a
PAUSE auction but its running time is exponential on
the number of bids. We present new approximate
bidding algorithms that not only run in linear time
but also increase the utility of the bidders as
result of small decrement in revenue.},
url = {http://jmvidal.cse.sc.edu/papers/mendoza08a.pdf},
comment = {36\% acceptance rate.}
}
Last modified: Wed Mar 9 10:16:52 EST 2011