Strategic sequential bidding in auctions using dynamic programming.
Gerald TesauroJonathan BredinPublished in: AAMAS (2002)
Keyphrases
- dynamic programming
- bidding strategies
- combinatorial auctions
- online auctions
- marginal utility
- multi unit
- auction mechanisms
- auction protocol
- electronic marketplaces
- sealed bid
- budget constraints
- winner determination
- linear programming
- trading agents
- case study
- resource allocation
- sponsored search auctions
- multi robot task allocation
- greedy algorithm
- test bed
- state space
- mechanism design
- competitive environment
- continuous double auctions
- incomplete information
- knowledge management
- scheduling problem
- special case
- double auction
- social welfare
- multi attribute
- single machine
- dp matching
- electronic commerce
- trading agent competition
- information revelation
- multi agent