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.
| Original language | English |
|---|---|
| Title of host publication | 20th International Conference on Autonomous Agents and Multiagent Systems, AAMAS 2021 |
| Publisher | International Foundation for Autonomous Agents and Multiagent Systems (IFAAMAS) |
| Pages | 1503-1505 |
| Number of pages | 3 |
| ISBN (Electronic) | 9781713832621 |
| State | Published - 2021 |
| Event | 20th International Conference on Autonomous Agents and Multiagent Systems, AAMAS 2021 - Virtual, Online Duration: 3 May 2021 → 7 May 2021 |
Publication series
| Name | Proceedings of the International Joint Conference on Autonomous Agents and Multiagent Systems, AAMAS |
|---|---|
| Volume | 3 |
| ISSN (Print) | 1548-8403 |
| ISSN (Electronic) | 1558-2914 |
Conference
| Conference | 20th International Conference on Autonomous Agents and Multiagent Systems, AAMAS 2021 |
|---|---|
| City | Virtual, Online |
| Period | 3/05/21 → 7/05/21 |
Bibliographical note
Publisher Copyright:© 2021 International Foundation for Autonomous Agents and Multiagent Systems (www.ifaamas.org). All rights reserved.
Keywords
- Multi-Sided Markets
- Strong Budget Balance
- Truthful Auctions