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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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Dissertation

A Feature-based Comparison of the Centralised versus Market-based Decision Making under Lens of Environment Uncertainty: Case of the Mobile Task Allocation Problem

Karim Al-Yafi
TL;DR: In this paper, the authors propose a novel approach to solve the problem of homonymity in homonym-based homonym identification.1 Chapter 1, Section 3.1.
Proceedings ArticleDOI

Revaluation of Bundles by Bidders in Combinatorial Auctions

TL;DR: In this paper, a multi-round package bidding scheme called RevalBundle is proposed, which, at the end of each round, provides bidders with information to help them modify and resubmit their valuations.
Journal ArticleDOI

Combinatorial auctions with tractable winner determination

TL;DR: The work of [Gottlob and Greco 2007] is illustrated, where a research question raised in [Conitzer et al. 2004] is solved by showing that the class of structured item graphs is not efficiently recognizable.
Proceedings ArticleDOI

Combinatorial auction across independent markets [Extended Abstract]

TL;DR: The complexity for the existence of Walrasian equilibrium of combinatorial auction is established and incentive compatible mechanism that prices individual goods of single-minded auction is considered, improving the previous work on pricing bundles.

Tractable Combinatorial Auctions Via Graph Matching

TL;DR: The set of known tractable combinatorial auctions identified by Tennenholtz is extended to accommodate subadditive symmetric bids over bundles of unlimited size, certain restricted cases of asymmetric discounts over bundles, and certainrestricted cases of superadditive bids.
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.