The Effect of Asymmetric Bidder Size on an Auction's Performance: Are More Bidders Always Better?
Wedad ElmaghrabyPublished in: Manag. Sci. (2005)
Keyphrases
- combinatorial auctions
- bidding strategies
- online auctions
- auction mechanisms
- sealed bid
- multi unit
- sealed bid auctions
- resource allocation
- winner determination
- mechanism design
- approximation algorithms
- multi unit combinatorial auctions
- electricity markets
- budget constraints
- electronic commerce
- special case
- evolutionary algorithm
- databases
- social welfare
- expected utility
- small size
- mathematical programming
- auction protocol
- data mining