Algorithm for optimal winner determination in combinatorial auctions
Artificial Intelligence
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Decision Support Systems
BOB: improved winner determination in combinatorial auctions and generalizations
Artificial Intelligence
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Decision Support Systems
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Management Science
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Management Science
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Decision Support Systems
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Decision Support Systems
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Information Systems Research
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Decomposing combinatorial auctions and set packing problems
Journal of the ACM (JACM)
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Computer Communications
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Telecommunications Policy
On bidding algorithms for a distributed combinatorial auction
Multiagent and Grid Systems
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We describe a discrete-time auction procedure called PAUSE (Progressive Adaptive User Selection Environment) for use in assigning COLR (Carrier of Last Resort) responsibility for universal service. The auction incorporates synergies by permitting all combinatorial bids, is transparent to the bidders, allows for multiple winners, and minimizes the possibility of bidder collusion. The procedure is computationally tractable for the auctioneer and thus very efficient to run. The inherent computational complexity of combinatorial bidding cannot be eliminated. However, in this auction the computational burden of evaluating synergies rests with the bidders claiming those synergies, while the auctioneer simply checks that a bid is valid.