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An auction for scheduling delivery of highly demanded products

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2 Author(s)
Sameer Korrapati ; Dept. of Comput. Sci., North Carolina State Univ., Raleigh, NC, USA ; Wurman, P.R.

We present a simple auction protocol for the sale of over-demanded goods with a delivery schedule. Under some reasonable assumptions, our mechanism is incentive compatible, collects only partial information about bidder's valuations, and empirical evidence suggests it converges to the efficient allocation.

Published in:

E-Commerce Technology, 2005. CEC 2005. Seventh IEEE International Conference on

Date of Conference:

19-22 July 2005