Abstract
Agent-mediated electronic commerce has recently commanded much attention. Bidding support agents have been studied very extensively. We envision a future in which many people can trade their goods by using a bidding support agent on Internet auctions. In this paper, we formalize a situation in which people are trading their goods on Internet auctions and employing bidding support agents. Then, we prove that people who use a bidding support agent can successively win trades. Also, we prove that the situation in which every people use a bidding support agent can satisfied strategy proofness and Pareto optimality. Further, we present in the situation, unsupported bidders do not make a positive benefit.
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Ito, T., Matsuo, T., Ozono, T., Shintani, T. (2005). A Strategy-Proof Mechanism Based on Multiple Auction Support Agents. In: Ali, M., Esposito, F. (eds) Innovations in Applied Artificial Intelligence. IEA/AIE 2005. Lecture Notes in Computer Science(), vol 3533. Springer, Berlin, Heidelberg. https://doi.org/10.1007/11504894_25
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DOI: https://doi.org/10.1007/11504894_25
Publisher Name: Springer, Berlin, Heidelberg
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