Proving the incentive compatibility of an auction mechanism is always a hard but essential work in auction mechanism design. In this paper we discuss the strategy proofness of a multi-attribute auction mechanism using three different approaches: the analysis of the mechanism properties, a mathematical analysis to determine if agents can take advantage of dishonest strategies and the use of simu...

Recently, researchers have proposed decision support tool for generating suggestions for bids in combinatorial reverse auction based on disclosure of bids. An interesting issue is to design an effective mechanism to guide the bidders to collectively minimize the overall cost without explicitly disclosing the bids. We consider a winner determination problem for combinatorial reverse auction and ...

Demonstrating the incentive compatibility of an auction mechanism is always a hard but essential work in auction mechanism design. In this paper we discuss three different approaches to proof or check such property in regard of a multi-attribute auction mechanism: by analyzing well-known sufficient conditions, by mathematical analyzing the rules that govern the mechanism, and by empirically che...

The advent of the Internet and the development of the Next Generation Network (NGN) have enabled the development of value added services (VAS), while operators’ investments in licenses and their desire to stay competitive on the market have triggered the development. When forming VAS, special attention needs to be paid to the purchase of resources (e.g., transport capacity and content) needed f...

What are auctions and how are they applicable in Multi-agent systems (MAS). This study reviews the various auction mechanisms such as forward auctions, reverse auctions, and double auctions, along with the roots of the newer auctions that have been evolved over time. Subsequently, a classification of various auction mechanism are presented that will enable us to get a perspective on how auction...

In this paper, we suggest using an English Auction Protocol for a procurement multi-attribute auction in which the item for sale is defined by several attributes, the buyer agent is the auctioneer, and the seller agents are the bidders. Such domains include auctions on task allocation, services, or compound products. At the beginning of the auction the buyer agent announces the required propert...

* Faculty of Economics, University of Belgrade, Serbia, E-mail: [email protected] ** Faculty of Economics, University of Belgrade, Serbia, E-mail: [email protected] JEL CLASSIFICATION: D44, H57 ABSTRACT: This paper reviews some multi-unit auction mechanisms that are used in the procurement of electricity. In ordinary multi-unit auctions bidders compete to buy several units of the same obj...

The cooperation of multiple unmanned aerial vehicles (Multi-UAV) can effectively solve the area coverage problem. However, developing an online multi-UAV approach remains a challenge due to energy constraints and environmental dynamics. In this paper, we design comprehensive framework for with energy-limited UAVs in dynamic environments, which call MCTA (Multi-UAV Coverage through Two-step Auct...