Candle auctions
نویسنده
چکیده
We define an auction inspired procedure through which an agent A (the so called initial auctioneer) allocates a chore to one agent from a predefined set of sub-agents by letting them arrange the things among themselves including the definition of the compensation for the losing sub-agent. The compensation is a multiple of the fee f that A fixes at his will and the selected sub-agents are called bidders or players. The procedure is implemented through a simple algorithm that involves the sub-agents without any further intervention of A.
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