Vidal's library
Title: | Algorithm Design for Agents which Participate in Multiple Simultaneous Auctions |
Author: | Chris Preist, Claudio Bartolini, and Ivan Phillips |
Book Tittle: | Agent-Mediated Electronic Commerce III, Current Issues in Agent-Based Electronic Commerce Systems (includes revised papers from AMEC 2000 Workshop) |
Pages: | 139--154 |
Publisher: | Springer-Verlag |
Year: | 2001 |
ISBN: | 3540417494 |
Abstract: | In this paper, we discuss the design of algorithms for agents to use when participating in multiple simultaneous English auctions, aiming to purchase multiple goods. Firstly, we present a coordination algorithm, which ensures the agent places appropriate bids in the different auctions to buy exactly the right number of goods. Secondly, we combine this with an algorithm to determine what maximum bid an agent should place in an auction which is about to terminate. This algorithm combines a belief-based model of the auctions with a utility analysis. This analysis is to trade off the certain outcome of the terminating auction against the possible outcomes of the remaining auctions, and hence place appropriate bids in each. |
Cited by 36 - Google Scholar - ISBNdb - Amazon
@InProceedings{preist01a,
author = {Chris Preist and Claudio Bartolini and Ivan
Phillips},
title = {Algorithm Design for Agents which Participate in
Multiple Simultaneous Auctions},
googleid = {OvbLTbWV1r8J:scholar.google.com/},
booktitle = {Agent-Mediated Electronic Commerce III, Current
Issues in Agent-Based Electronic Commerce Systems
(includes revised papers from AMEC 2000 Workshop)},
year = 2001,
isbn = {3540417494},
pages = {139--154},
publisher = {Springer-Verlag},
abstract = {In this paper, we discuss the design of algorithms
for agents to use when participating in multiple
simultaneous English auctions, aiming to purchase
multiple goods. Firstly, we present a coordination
algorithm, which ensures the agent places
appropriate bids in the different auctions to buy
exactly the right number of goods. Secondly, we
combine this with an algorithm to determine what
maximum bid an agent should place in an auction
which is about to terminate. This algorithm combines
a belief-based model of the auctions with a utility
analysis. This analysis is to trade off the certain
outcome of the terminating auction against the
possible outcomes of the remaining auctions, and
hence place appropriate bids in each.},
keywords = {multiagent auctions},
url = {http://jmvidal.cse.sc.edu/library/preist01a.pdf},
cluster = {13823400712187147834}
}
Last modified: Wed Mar 9 10:15:10 EST 2011