A Data Set Generation Algorithm in Combinatorial Auctions

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A Data Set Generation Algorithm in Combinatorial Auctions

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Crescenzio Gallo ()
Giancarlo De Stasio ()
Cristina Di Letizia ()

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Crescenzio Gallo

Abstract

The generation of realistic data sets in a Combinatorial Auction may be a challenging problem. Well-formed data sets are very useful in the evaluation of algorithms trying to solve the winner determination problem. In this paper a general data set generation scheme is presented, both from an algorithmic and economic point of view. As a case study, a possible auction setting is discussed where the goods on sale are connections between points in space.

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Paper provided by Dipartimento di Scienze Economiche, Matematiche e Statistiche, Universita' di Foggia in its series Quaderni DSEMS with number 01-2006.

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Date of creation: Jan 2006
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Handle: RePEc:ufg:qdsems:01-2006

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Find related papers by JEL classification:
C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
C61 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming - - - Optimization Techniques; Programming Models; Dynamic Analysis
C87 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Econometric Software
C99 - Mathematical and Quantitative Methods - - Design of Experiments - - - Other

This paper has been announced in the following NEP Reports:

NEP-ALL-2006-03-25 (All new papers)
NEP-CMP-2006-03-25 (Computational Economics)

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S.J. Rassenti & V.L. Smith & R.L. Bulfin, 1982. "A Combinatorial Auction Mechanism for Airport Time Slot Allocation," Bell Journal of Economics, The RAND Corporation, vol. 13(2), pages 402-417, Autumn. [Downloadable!] (restricted)
Quan, Daniel C, 1994. "Real Estate Auctions: A Survey of Theory and Practice," The Journal of Real Estate Finance and Economics, Springer, vol. 9(1), pages 23-49, July.
Wellman, Michael P. & Walsh, William E. & Wurman, Peter R. & MacKie-Mason, Jeffrey K., 2001. "Auction Protocols for Decentralized Scheduling," Games and Economic Behavior, Elsevier, vol. 35(1-2), pages 271-303, April. [Downloadable!] (restricted)

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