• DocumentCode
    3487749
  • Title

    On learning repeated combinatorial auctions

  • Author

    Arai, Seiichi ; Miura, Takao

  • Author_Institution
    Dept. of Electr. & Electr. Eng., Hosei Univ., Tokyo, Japan
  • fYear
    2011
  • fDate
    23-26 Aug. 2011
  • Firstpage
    244
  • Lastpage
    249
  • Abstract
    In this work, we discuss how an intelligent agent learns in combinatorial auctions. It is well-known that finding the optimal allocation to maximize revenue is NP-complete, because this is a typical form of Set Package Problem (SPP). We introduce a framework of reinforcement learning to combinatorial auctions, and discuss how to obtain intelligence about bidding behavior. We show empirical convergence of knowledge within Q-learning framework. By this result, we target fully automated negotiation systems.
  • Keywords
    computational complexity; electronic commerce; learning (artificial intelligence); software agents; NP-complete problem; Q-learning framework; automated negotiation system; bidding behavior; combinatorial auction; intelligent agent; optimal allocation; reinforcement learning; set package problem; Arrays; Convergence; Hard disks; Intelligent agents; Learning; Learning systems; Receivers; Auction; Combinatorial Auction; Q-Learning; Reinforcement Learning; e-Commerce;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Communications, Computers and Signal Processing (PacRim), 2011 IEEE Pacific Rim Conference on
  • Conference_Location
    Victoria, BC
  • ISSN
    1555-5798
  • Print_ISBN
    978-1-4577-0252-5
  • Electronic_ISBN
    1555-5798
  • Type

    conf

  • DOI
    10.1109/PACRIM.2011.6032900
  • Filename
    6032900