Performance evaluation of multi-object auctions

被引:2
|
作者
Mishra D. [1 ]
Reddy S.S. [1 ]
Veeramani D. [1 ]
机构
[1] Department of Industrial Engineering, University of Wisconsin, Madison, WI
基金
美国国家科学基金会;
关键词
Auction efficiency and revenue; Sequential auction; Simultaneous auction;
D O I
10.1007/s10660-005-6160-5
中图分类号
学科分类号
摘要
The paper evaluates the performance of two multi-object auction models: sequential and simultaneous, using different performance measures. The objects put up for auction have different synergies for different bidders. We define different types of bidders who can exist in these multi-object auction models. The classification of bidders is based on the bidding strategies they use. We then study the effects of different parameters in auction and bidding strategies, on the performance of these auction models by simulating them using a JAVA based framework. © 2005 Springer Science + Business Media, Inc.
引用
收藏
页码:293 / 307
页数:14
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