Behavioral models for first-price sealed-bid auctions with the one-shot decision theory.
Chao WangPeijun GuoPublished in: Eur. J. Oper. Res. (2017)
Keyphrases
- decision theory
- behavioral models
- sealed bid auctions
- resource allocation
- multi unit
- expected utility
- game theory
- decision making
- utility function
- bidding strategies
- hierarchical structures
- dynamic behaviors
- decision theoretic
- theoretical framework
- conceptual model
- artificial intelligence
- budget constraints
- high level
- architectural models
- case based reasoning
- combinatorial auctions
- data mining
- multi agent systems
- cooperative
- hierarchical structure
- expert systems
- electronic commerce
- decision makers