We present an implementation of the Owen value (Owen, 1977), inspired by the bidding mechanism introduced by Pérez-Castrillo and Wettstein (2001). The idea is the following: first players of each coalition play the bidding mechanism trying to obtain the resources of the coalition. Later, players who obtained the resources play the bidding mechanism in order to share the surplus.

We have designed configurable agents to represent users in online auctions, specificMly the Michigan AuctionBot. The agents can be configured, started, and monitored from a web interface. We implemented three types of agents, distinguished by their different ways of using information in the auctions. A competitive agent does not use any information in the auction market. It chooses its actions ...

This paper presents structural estimates of bidding behavior in eBay computer monitor auctions. We use our estimates to reject the use of Jump Bidding (Avery 1998) or “Snipe or War” bidding (Roth and Ockenfels, 2000). We also find that longer auctions only have a small effect on price and experienced auctioneers respond to this incentive. JEL Classification Numbers: C1, C7, D44, L1.

Abstract of thesis entitled “Design and implementation of intelligent auction agents for Mobile AGent-based Internet Commerce System (MAGICS)” submitted by Jie Zhang for the degree of Master of Philosophy at The Hong Kong Polytechnic University in January 2004.of thesis entitled “Design and implementation of intelligent auction agents for Mobile AGent-based Internet Commerce System (MAGICS)” su...

By analyzing appraisable factors of engineering project bidding risk, a comprehensive evaluation model of engineering project bidding risk based on BP (back propagation) neural network is established to enhance the validity of evaluation in this paper. By learning of some effective samples given, the extraction and storage of experts’ knowledge and experience are realized with this model. Two s...