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Solving Sequential Mixed Auctions with Integer Programming

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Advances in Artificial Intelligence (CAEPIA 2011)

Part of the book series: Lecture Notes in Computer Science ((LNAI,volume 7023))

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Abstract

Mixed multi-unit combinatorial auctions (MMUCAs) offer a high potential to be employed for the automated assembly of supply chains of agents. However, in order for mixed auctions to be effectively applied to supply chain formation, we must ensure computational tractability and reduce bidders’ uncertainty. With this aim, we introduce Sequential Mixed Auctions (SMAs), a novel auction model conceived to help bidders collaboratively discover supply chain structures. Thus, an SMA allows bidders progressively build a supply chain structure through successive auction rounds.

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References

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© 2011 Springer-Verlag Berlin Heidelberg

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Mikhaylov, B., Cerquides, J., Rodriguez-Aguilar, J.A. (2011). Solving Sequential Mixed Auctions with Integer Programming. In: Lozano, J.A., Gámez, J.A., Moreno, J.A. (eds) Advances in Artificial Intelligence. CAEPIA 2011. Lecture Notes in Computer Science(), vol 7023. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-25274-7_5

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  • DOI: https://doi.org/10.1007/978-3-642-25274-7_5

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-25273-0

  • Online ISBN: 978-3-642-25274-7

  • eBook Packages: Computer ScienceComputer Science (R0)

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