Please use this identifier to cite or link to this item:
Title: Experimenting with proxy agents in online combinatorial auctions
Authors: Chakraborty, Soumyakanti
Sen, Anup Kumar
Bagchi, Amitava
Keywords: Agent based systems
Discrete algorithm
Information feedback
Online combinatorial auction
Participation costs of bidders
Winner Determination Problem (WDP)
Issue Date: 2014
Publisher: SCOPUS
International Journal of Intelligent Information Technologies
IGI Global
Series/Report no.: 10(2)
Abstract: To promote online eBay-like combinatorial auctions, the authors experiment with a distributive agent based mechanism PRACA which attempts to address two research issues. First, the scheme uses an algorithm CompDL to incrementally solve the Winner Determination Problem under limited memory for any package that the bidder may be interested to bid at any time. This helps the bidder to bid effectively knowing the current state of the auction. CompDL thereby allows a large number of items to be put on auction. Second, PRACA supplies an autonomous proxy agent to each bidder who logs in to an ongoing auction; this agent bids on the bidder's behalf and relays data on requested packages to the bidder. Therefore, PRACA helps in reducing operational overheads of seller and bidder in online combinatorial auctions. Both schemes have been implemented and the efficacy of the approach is demonstrated by experiments. Copyright � 2014, IGI Global.
Description: Chakraborty, Soumyakanti, Information Systems, XLRI Xavier School of Business, Jamshedpur, India; Sen, Anup Kumar, Management Information Systems, Indian Institute of Management Calcutta, Joka, India; Bagchi, Amitava, Computer Science and Engineering, Heritage Institute of Technology, Anandapur, India
ISSN/ISBN - 15483657
DOI - 10.4018/ijiit.2014040104
Appears in Collections:Management Information Systems

Files in This Item:
There are no files associated with this item.

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.