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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.
About
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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Citations
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Journal ArticleDOI

Auctions and bidding: A guide for computer scientists

TL;DR: This article surveys the literature on auctions from a computer science perspective, primarily from the viewpoint of computer scientists interested in learning about auction theory, and provides pointers into the economics literature for those who want a deeper technical understanding.
Journal ArticleDOI

Iterative and core-guided MaxSAT solving: A survey and assessment

TL;DR: A survey of MaxSAT algorithms based on iteratively calling a SAT solver and a comprehensive empirical study on non-random benchmarks are conducted, indicating that core-guided MaxS AT algorithms are fairly competitive compared to other approaches.
Journal ArticleDOI

Energy-Efficient Resource Allocation for Device-to-Device Underlay Communication

TL;DR: An iterative combinatorial auction algorithm is introduced, where the D2D users are considered bidders that compete for channel resources and the cellular network is treated as the auctioneer to improve the energy efficiency of user equipments.
Proceedings ArticleDOI

A combinatorial auction for collaborative planning

TL;DR: A mechanism that agents may use to solve the initial-commitment decision problem is described, based on a combinatorial auction in which agents bid on sets of roles in the group activity, each role comprising constituent subtasks that must be done by the same agent.
Proceedings ArticleDOI

Optimal solutions for multi-unit combinatorial auctions: branch and bound heuristics

TL;DR: In this article, the authors investigate the use of Branch-and-Bound techniques for multi-unit combinatorial auctions and show that they require both a way to bound from above the value of the best allocation and a good criterion to decide which bids are to be tried first.
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.