Experiments on Combinatorial Auctions
Michela Milano
Abstract
Michela Milano
Abstract
This paper contains the description of experiments done so far in the combinatorial auction scenario. We describe the computee side and the society side. In this context we introduce also external objects providing services to the computees themselves, and in particular implementing a complex optimization algorithm. Experimental results are given for a traditional combinatorial auction and for two variants of it: a double auction and an auction plus the successive payment with Netbill.
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This paper contains the description of experiments done so far in the combinatorial auction scenario. We describe the computee side and the society side. In this context we introduce also external objects providing services to the computees themselves, and in particular implementing a complex optimization algorithm. Experimental results are given for a traditional combinatorial auction and for two variants of it: a double auction and an auction plus the successive payment with Netbill.
Key concepts: Combinatorial auction, Computer science, Context (archaeology), Auction algorithm, Payment, Common value auction, Reverse auction, Theoretical computer science