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In the private values single object auction model, we construct a satisfactory mechanism - a symmetric, dominant strategy incentive compatible, and budget-balanced mechanism. Our mechanism allocates the object to the highest valued agent…

计算机科学与博弈论 · 计算机科学 2016-10-04 Debasis Mishra , Tridib Sharma

In mechanism design, it is challenging to design the optimal auction with correlated values in general settings. Although value distribution can be further exploited to improve revenue, the complex correlation structure makes it hard to…

计算机科学与博弈论 · 计算机科学 2023-02-21 Da Huo , Zhilin Zhang , Zhenzhe Zheng , Chuan Yu , Jian Xu , Fan Wu

Aiming to overcome some of the limitations of worst-case analysis, the recently proposed framework of "algorithms with predictions" allows algorithms to be augmented with a (possibly erroneous) machine-learned prediction that they can use…

计算机科学与博弈论 · 计算机科学 2024-03-28 Eric Balkanski , Vasilis Gkatzelis , Xizhi Tan , Cherlin Zhu

We study online auction settings in which agents arrive and depart dynamically in a random (secretary) order, and each agent's private type consists of the agent's arrival and departure times, value and budget. We consider multi-unit…

计算机科学与博弈论 · 计算机科学 2015-04-15 Alon Eden , Michal Feldman , Adi Vardi

All-pay auctions, a common mechanism for various human and agent interactions, suffers, like many other mechanisms, from the possibility of players' failure to participate in the auction. We model such failures, and fully characterize…

计算机科学与博弈论 · 计算机科学 2017-02-15 Yoad Lewenberg , Omer Lev , Yoram Bachrach , Jeffrey S. Rosenschein

We provide the first direct test of how the credibility of an auction format affects bidding behavior and final outcomes. To do so, we conduct a series of laboratory experiments where the role of the seller is played by a human subject who…

综合经济学 · 经济学 2025-03-19 Ahrash Dianat , Mikhail Freer

In this study, we developed a computational framework for simulating large-scale agent-based financial markets. Our platform supports trading multiple simultaneous assets and leverages distributed computing to scale the number and…

交易与市场微观结构 · 定量金融 2024-02-01 Aaron Wheeler , Jeffrey D. Varner

Designing a financial market that works well is very important for developing and maintaining an advanced economy, but is not easy because changing detailed rules, even ones that seem trivial, sometimes causes unexpected large impacts and…

交易与市场微观结构 · 定量金融 2021-01-08 Takanobu Mizuta

From social networks to supply chains, more and more aspects of how humans, firms and organizations interact is mediated by artificial learning agents. As the influence of machine learning systems grows, it is paramount that we study how to…

多智能体系统 · 计算机科学 2022-11-02 Andrea Tacchetti , DJ Strouse , Marta Garnelo , Thore Graepel , Yoram Bachrach

In markets such as digital advertising auctions, bidders want to maximize value rather than payoff. This is different to the utility functions typically assumed in auction theory and leads to different strategies and outcomes. We refer to…

计算机科学与博弈论 · 计算机科学 2016-07-14 Salman Fadaei , Martin Bichler

Relational query optimisers rely on cost models to choose between different query execution plans. Selectivity estimates are known to be a crucial input to the cost model. In practice, standard selectivity estimation procedures are prone to…

数据库 · 计算机科学 2020-09-22 Max Halford , Philippe Saint-Pierre , Franck Morvan

The success of an agent mediated e-market system lies in the underlying reputation management system to improve the quality of services in an information asymmetric e-market. Reputation provides an operatable metric for establishing…

多智能体系统 · 计算机科学 2011-10-19 Vibha Gaur , Neeraj Kumar Sharma

This paper explores the utility of agent-based simulations in realistically modelling market structures and sheds light on the nuances of optimal dealer strategies. It underscores the contrast between conclusions drawn from probabilistic…

交易与市场微观结构 · 定量金融 2023-12-12 Wladimir Ostrovsky

This manuscript presents an alternative implementation of the truthful-in-expectation mechanism of Dughmi, Roughgarden and Yan for combinatorial auctions with weighted-matroid-rank-sum valuations. The new implementation uses only value…

计算机科学与博弈论 · 计算机科学 2011-09-07 Shaddin Dughmi , Tim Roughgarden , Jan Vondrak , Qiqi Yan

Trust is a crucial component in collaborative multiagent systems (MAS) involving humans and autonomous AI agents. Rather than assuming trust based on past system behaviours, it is important to formally verify trust by modelling the current…

计算机科学与博弈论 · 计算机科学 2023-11-17 Asieh Salehi Fathabadi , Vahid Yazdanpanah

Indirect competition emerged from the complex organization of human societies, and knowledge of the existing network topology may aid in developing effective strategies for success. Here, we propose an agent-based model of competition with…

综合金融 · 定量金融 2011-06-28 Erika Fille Legara , Anthony Longjas , Rene Batac

We study auction design in the celebrated interdependence model introduced by Milgrom and Weber [1982], where a mechanism designer allocates a good, maximizing the value of the agent who receives it, while inducing truthfulness using…

计算机科学与博弈论 · 计算机科学 2026-03-20 Patrick Loiseau , Simon Mauras , Minrui Xu

We study auction design in a setting where agents can communicate over a censorship-resistant broadcast channel like the ones we can implement over a public blockchain. We seek to design credible, strategyproof auctions in a model that…

计算机科学与博弈论 · 计算机科学 2024-09-04 Tarun Chitra , Matheus V. X. Ferreira , Kshitij Kulkarni

Most previous works on opinion modeling lack the simultaneous study of individual mental activity and group behavior. This paper is motivated to propose an agent-based online opinion formation model based on attitude change theory, group…

社会与信息网络 · 计算机科学 2019-09-04 Xicheng Yin , Hongwei Wang , Pei Yin , Hengmin Zhu

We provide efficient estimation methods for first- and second-price auctions under independent (asymmetric) private values and partial observability. Given a finite set of observations, each comprising the identity of the winner and the…

计算机科学与博弈论 · 计算机科学 2022-05-05 Yeshwanth Cherapanamjeri , Constantinos Daskalakis , Andrew Ilyas , Manolis Zampetakis