iBundle: an efficient ascending price bundle auction
Proceedings of the 1st ACM conference on Electronic commerce
Bidding and allocation in combinatorial auctions
Proceedings of the 2nd ACM conference on Electronic commerce
AkBA: a progressive, anonymous-price combinatorial auction
Proceedings of the 2nd ACM conference on Electronic commerce
Taming the Computational Complexity of Combinatorial Auctions: Optimal and Approximate Approaches
IJCAI '99 Proceedings of the Sixteenth International Joint Conference on Artificial Intelligence
Preventing Strategic Manipulation in Iterative Auctions: Proxy Agents and Price-Adjustment
Proceedings of the Seventeenth National Conference on Artificial Intelligence and Twelfth Conference on Innovative Applications of Artificial Intelligence
On the Sensitivity of Incremental Algorithms for Combinatorial Auctions
WECWIS '02 Proceedings of the Fourth IEEE International Workshop on Advanced Issues of E-Commerce and Web-Based Information Systems (WECWIS'02)
Integer Programming for Combinatorial Auction Winner Determination
ICMAS '00 Proceedings of the Fourth International Conference on MultiAgent Systems (ICMAS-2000)
CABOB: a fast optimal algorithm for combinatorial auctions
IJCAI'01 Proceedings of the 17th international joint conference on Artificial intelligence - Volume 2
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Proxy bidding has proved useful in a variety of real auction formats, such as eBay, and has been proposed for some combinatorial auctions. Previous work on proxy bidding in combinatorial auctions requires the auctioneer essentially run the auction with myopic bidders to determine the outcome. In addition to being computationally costly, this process is only as accurate as the bid increment, and decreasing the bid increment to improve accuracy greatly increases the running time. In this paper, we present an algorithm that computes the outcome of the proxy auction by examining only the events that cause the proxy bidders to change their behaviors. This algorithm is much faster than the alternative, and computes exact solutions.