Non-Refundable-Bid Auctions for Positions in a Queue: A Decision-Theoretic Analysis.
Pinata WinotoTiffany Ya TangPublished in: IAT (2003)
Keyphrases
- theoretic analysis
- auction protocol
- bidding strategies
- multi attribute
- reverse auction
- auction mechanisms
- decision making
- sealed bid
- sponsored search auctions
- decision makers
- expected utility
- budget constraints
- sealed bid auctions
- arrival rate
- mechanism design
- queue length
- decision process
- waiting times
- decision problems
- steady state
- decision rules
- markov chain
- information revelation
- empirical data
- online auctions
- incomplete information
- queueing theory
- hazard rate
- multi agent systems