| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 6898562 | European Journal of Operational Research | 2012 | 11 Pages |
Abstract
⺠Introduces c-fraction auction, a fast auction with discrete bid levels. ⺠Shows that c-fraction auction has an ex-post equilibrium. ⺠Parameter c can be used to tradeoff efficiency against running time. ⺠Recursive formulas provide exact quantification of tradeoff. ⺠Resolution of recursive formula into sharp upper bounds.
Keywords
Related Topics
Physical Sciences and Engineering
Computer Science
Computer Science (General)
Authors
Elena Grigorieva, P. Jean-Jacques Herings, Rudolf Müller, Dries Vermeulen,