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Open AccessJournal ArticleDOI

Algorithm for optimal winner determination in combinatorial auctions

Tuomas Sandholm
- 01 Feb 2002 - 
- Vol. 135, Iss: 1, pp 1-54
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TLDR
The algorithm allows combinatorial auctions to scale up to significantly larger numbers of items and bids than prior approaches to optimal winner determination by capitalizing on the fact that the space of bids is sparsely populated in practice.
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This article is published in Artificial Intelligence.The article was published on 2002-02-01 and is currently open access. It has received 1045 citations till now. The article focuses on the topics: Combinatorial auction & Common value auction.

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Proceedings Article

Economically-augmented job shop scheduling

Wolfram Conen
TL;DR: EJSP is presented as an example of a coordination problem among self-interested agents with private information and the need for solution mechanisms, which give the agents no incentive to lie is emphasized.
Proceedings ArticleDOI

Bidding Support for Computational Resources

TL;DR: A bidding specification language and support tools for grid-oriented open resource marketplaces based on trees that permit bidders to express their preferences for grid resources by means of logical operators and reduces the complexity of existing bidding languages.
Book ChapterDOI

Towards generic solver of combinatorial optimization problems with autonomous agents in P2P networks

TL;DR: The result of experiments indicates that the proposed parallel processing scheme significantly improves the performance of the underlying B&B scheme by adaptively switching exploring policies adopted by each agent participating to the problem solving.
Book ChapterDOI

Co-evolutionary Agents in Combinatorial Sealed-bid Auctions for Spectrum Licenses Markets

TL;DR: This work has developed a simulator of a combinatorial first-price sealed-bid auction and the bidding behaviour has been simulated by the application of co-evolutionary dynamics in an agent-based model.
References
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Book

Introduction to Algorithms

TL;DR: The updated new edition of the classic Introduction to Algorithms is intended primarily for use in undergraduate or graduate courses in algorithms or data structures and presents a rich variety of algorithms and covers them in considerable depth while making their design and analysis accessible to all levels of readers.
Book ChapterDOI

Reducibility Among Combinatorial Problems

TL;DR: The work of Dantzig, Fulkerson, Hoffman, Edmonds, Lawler and other pioneers on network flows, matching and matroids acquainted me with the elegant and efficient algorithms that were sometimes possible.
Book

Integer programming

TL;DR: The principles of integer programming are directed toward finding solutions to problems from the fields of economic planning, engineering design, and combinatorial optimization as mentioned in this paper, which is a standard of graduate-level courses since 1972.
Journal ArticleDOI

Incentives in Teams

Theodore Groves
- 01 Jul 1973 - 
TL;DR: This paper analyzes the problem of inducing the members of an organization to behave as if they formed a team and exhibits a particular set of compensation rules, an optimal incentive structure, that leads to team behavior.