Ascending-Price Mechanism for General Multi-sided Markets

Dvir Gilor; Rica Gonen; Erel Segal-Halevi

doi:10.1007/978-3-030-82254-5_1

Ascending-Price Mechanism for General Multi-sided Markets

Dvir Gilor
, Rica Gonen
, Erel Segal-Halevi

מדעי המחשב

نتاج البحث: فصل من :كتاب / تقرير / مؤتمر › منشور من مؤتمر › مراجعة النظراء

ملخص

We present an ascending-price mechanism for a multi-sided market with a variety of participants, such as manufacturers, logistics agents, insurance providers, and assemblers. Each deal in the market may consist of a combination of agents from separate categories, and different such combinations are simultaneously allowed. This flexibility lets multiple intersecting markets be resolved as a single global market. Our mechanism is obviously-truthful, strongly budget-balanced, individually rational, and attains almost the optimal gain-from-trade when the market is sufficiently large. We evaluate the performance of the suggested mechanism with experiments on real stock market data and synthetically produced data.

اللغة الأصلية	الإنجليزيّة
عنوان منشور المضيف	Multi-Agent Systems - 18th European Conference, EUMAS 2021, Revised Selected Papers
المحررون	Ariel Rosenfeld, Nimrod Talmon
ناشر	Springer Science and Business Media Deutschland GmbH
الصفحات	1-18
عدد الصفحات	18
رقم المعيار الدولي للكتب (المطبوع)	9783030822538
المعرِّفات الرقمية للأشياء	https://doi.org/10.1007/978-3-030-82254-5_1
حالة النشر	نُشِر - 2021
الحدث	18th European Conference on Multi-Agent Systems, EUMAS 2021 - Virtual, Online المدة: ٢٨ يونيو ٢٠٢١ → ٢٩ يونيو ٢٠٢١

سلسلة المنشورات

الاسم	Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
مستوى الصوت	12802 LNAI
رقم المعيار الدولي للدوريات (المطبوع)	0302-9743
رقم المعيار الدولي للدوريات (الإلكتروني)	1611-3349

!!Conference

!!Conference	18th European Conference on Multi-Agent Systems, EUMAS 2021
المدينة	Virtual, Online
المدة	٢٨/٠٦/٢١ → ٢٩/٠٦/٢١

ملاحظة ببليوغرافية

Publisher Copyright:
© 2021, Springer Nature Switzerland AG.

الوصول إلى المستند

10.1007/978-3-030-82254-5_1

الملفات والروابط الأخرى

Link to publication in Scopus

قم بذكر هذا

Gilor, D., Gonen, R., & Segal-Halevi, E. (2021). Ascending-Price Mechanism for General Multi-sided Markets. في A. Rosenfeld, & N. Talmon (المحررون), Multi-Agent Systems - 18th European Conference, EUMAS 2021, Revised Selected Papers (الصفحات 1-18). (Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics); المجلد 12802 LNAI). Springer Science and Business Media Deutschland GmbH. https://doi.org/10.1007/978-3-030-82254-5_1

Gilor, Dvir ; Gonen, Rica ; Segal-Halevi, Erel. / Ascending-Price Mechanism for General Multi-sided Markets. Multi-Agent Systems - 18th European Conference, EUMAS 2021, Revised Selected Papers. محرر / Ariel Rosenfeld ; Nimrod Talmon. Springer Science and Business Media Deutschland GmbH, 2021. الصفحات 1-18 (Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)).

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title = "Ascending-Price Mechanism for General Multi-sided Markets",

abstract = "We present an ascending-price mechanism for a multi-sided market with a variety of participants, such as manufacturers, logistics agents, insurance providers, and assemblers. Each deal in the market may consist of a combination of agents from separate categories, and different such combinations are simultaneously allowed. This flexibility lets multiple intersecting markets be resolved as a single global market. Our mechanism is obviously-truthful, strongly budget-balanced, individually rational, and attains almost the optimal gain-from-trade when the market is sufficiently large. We evaluate the performance of the suggested mechanism with experiments on real stock market data and synthetically produced data.",

keywords = "Multi-sided markets, Strong budget balance, Truthful auctions",

author = "Dvir Gilor and Rica Gonen and Erel Segal-Halevi",

note = "Publisher Copyright: {\textcopyright} 2021, Springer Nature Switzerland AG.; 18th European Conference on Multi-Agent Systems, EUMAS 2021 ; Conference date: 28-06-2021 Through 29-06-2021",

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Gilor, D, Gonen, R & Segal-Halevi, E 2021, Ascending-Price Mechanism for General Multi-sided Markets. في A Rosenfeld & N Talmon (المحررون), Multi-Agent Systems - 18th European Conference, EUMAS 2021, Revised Selected Papers. Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics), المجلد 12802 LNAI, Springer Science and Business Media Deutschland GmbH, الصفحات 1-18, 18th European Conference on Multi-Agent Systems, EUMAS 2021, Virtual, Online, ٢٨/٠٦/٢١. https://doi.org/10.1007/978-3-030-82254-5_1

Ascending-Price Mechanism for General Multi-sided Markets. / Gilor, Dvir; Gonen, Rica; Segal-Halevi, Erel.
Multi-Agent Systems - 18th European Conference, EUMAS 2021, Revised Selected Papers. محرر / Ariel Rosenfeld; Nimrod Talmon. Springer Science and Business Media Deutschland GmbH, 2021. صفحة 1-18 (Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics); المجلد 12802 LNAI).

نتاج البحث: فصل من :كتاب / تقرير / مؤتمر › منشور من مؤتمر › مراجعة النظراء

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Gilor D, Gonen R, Segal-Halevi E. Ascending-Price Mechanism for General Multi-sided Markets. في Rosenfeld A, Talmon N, المحررون, Multi-Agent Systems - 18th European Conference, EUMAS 2021, Revised Selected Papers. Springer Science and Business Media Deutschland GmbH. 2021. صفحة 1-18. (Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)). doi: 10.1007/978-3-030-82254-5_1

Ascending-Price Mechanism for General Multi-sided Markets

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