Designing an auction protocol under asymmetric information on nature's selection
Proceedings of the first international joint conference on Autonomous agents and multiagent systems: part 1
Truth revelation in approximately efficient combinatorial auctions
Journal of the ACM (JACM)
AAMAS '03 Proceedings of the second international joint conference on Autonomous agents and multiagent systems
A Combinatorial Auction Protocol among Versatile Experts and Amateurs
AAMAS '04 Proceedings of the Third International Joint Conference on Autonomous Agents and Multiagent Systems - Volume 1
Methods for boosting revenue in combinatorial auctions
AAAI'04 Proceedings of the 19th national conference on Artifical intelligence
Approximating revenue-maximizing combinatorial auctions
AAAI'05 Proceedings of the 20th national conference on Artificial intelligence - Volume 1
Online auctions for bidders with interdependent values
Proceedings of the 6th international joint conference on Autonomous agents and multiagent systems
Proceedings of the 3rd international workshop on Economics of networked systems
An experimental analysis of biased parallel greedy approximation for combinatorial auctions
International Journal of Intelligent Information and Database Systems
Efficient interdependent value combinatorial auctions with single minded bidders
IJCAI'13 Proceedings of the Twenty-Third international joint conference on Artificial Intelligence
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We consider the problem of auction design with agents that have interdependent values, i.e. values that depend on each others' private signals. We adopt the contingent bids model of Dasgupta and Maskin [3], and allow agents to submit bids of the form "if player 1 bids $x for good A then I will bid $y." Our main contribution is to identify a specific linear valuation model for which there exists an efficient auction for a single item, and then extend this to provide an approximately efficient combinatorial auction with single-minded bidders. In both auction, winners and payments are computed from the fixed point of the valuation mapping defined by contingent bids. We also adopt search in order to construct a variation on the single-item auction with improved revenue. In closing, we discuss the (many) challenges in moving to more general models of interdependent valuations.