Optimal clearing algorithms for multi-unit single-item and multi-unit combinatorial auctions with demand/supply function bidding

  • Authors:
  • Viet Dung Dang;Nicholas R. Jennings

  • Affiliations:
  • University of Southampton, Southampton, UK;University of Southampton, Southampton, UK

  • Venue:
  • ICEC '03 Proceedings of the 5th international conference on Electronic commerce
  • Year:
  • 2003

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Abstract

This paper presents new clearing algorithms for multi-unit single-item and multi-unit combinatorial auctions with piecewise linear demand/supply functions. We analyse the complexity of our algorithms and prove that they are guaranteed to find the optimal allocation.