Title :
Vickrey-Type Protocol and Strategy for Automated Multi-Attribute Auction
Author :
Chen, Xiang ; Hu, Shan-Li
Abstract :
Internet auction not only is an integral part of Electronic Commerce but also becoming a promising field for applying autonomous agents and multi-agent system technologies. Auction, as an efficient resource allocation method, has been paid more and more attention among scholars. This paper gives a protocol (VAMA) and strategy for multi-attribute auction. Some useful properties like strategy-proof also have been proved. Then, we analyze the strategy of the buyer; give an optimal strategy for sellers. Finally, we compare this protocol with existing ones, improving the work of Esther David etc.
Keywords :
Bidding and bargaining agents; Multi-agent systems; Multi-attribute auction; Autonomous agents; Computer science; Cost function; Electronic commerce; Government; Internet; Laboratories; Multiagent systems; Protocols; Resource management; Bidding and bargaining agents; Multi-agent systems; Multi-attribute auction;
Conference_Titel :
Machine Learning and Cybernetics, 2005. Proceedings of 2005 International Conference on
Conference_Location :
Guangzhou, China
Print_ISBN :
0-7803-9091-1
DOI :
10.1109/ICMLC.2005.1526950