Performance Evaluation of Multi-Object Auctions

Authors:
Debasis Mishra;Sunil S. Reddy;Dharmaraj Veeramani
Affiliations:
Department of Industrial Engineering, University of Wisconsin, Madison;Department of Industrial Engineering, University of Wisconsin, Madison;Department of Industrial Engineering, University of Wisconsin, Madison
Venue:
Electronic Commerce Research
Year:
2005

Citing 5
Cited 1

Multi-object auctions: sequential vs. simultaneous sales

Management Science
Computationally Manageable Combinational Auctions

Management Science
Dynamic pricing by software agents

Computer Networks: The International Journal of Computer and Telecommunications Networking - electronic commerce
An Algorithm for Optimal Winner Determination in Combinatorial Auctions

IJCAI '99 Proceedings of the Sixteenth International Joint Conference on Artificial Intelligence
Sequential Auctions for the Allocation of Resources with Complementarities

IJCAI '99 Proceedings of the Sixteenth International Joint Conference on Artificial Intelligence

Introduction

Electronic Commerce Research

Quantified Score

Hi-index	0.01

Visualization

Abstract

The paper evaluates the performance of two multi-object auction models: sequential and simultaneous, using different performance measures. The objects put up for auction have different synergies for different bidders. We define different types of bidders who can exist in these multi-object auction models. The classification of bidders is based on the bidding strategies they use. We then study the effects of different parameters in auction and bidding strategies, on the performance of these auction models by simulating them using a JAVA based framework.