Edited by Peter Cramton, Yoav Shoham, and Richard Steinberg This book is a collection of essays on combinatorial auctions—allocation problems in. The study of combinatorial auctions — auctions in which bidders can bid on combinations of items or Peter C. Cramton, Yoav Shoham, Richard Steinberg. View colleagues of Peter Cramton . Michela Milano, Alessio Guerri, Bid evaluation in combinatorial auctions: optimization and learning, Software— Practice.

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Combinatorial auctions present challenges compared to traditional auctions.

Combinatorial auction – Wikipedia

Many of these aspects of combinatorial auctions, including some real-world examples, are also discussed in the comprehensive book edited by Cramton, Shoham and Steinberg These summaries are a great way to learn all there is to know about combinatorial auctions without having to wade thru complex proofs or hard to read combinatodial.

Early work that popularized the idea of a combinatorial auction. An influential early paper on computational considerations.

Share your thoughts with other customers. The book presents a combijatorial collection of state-of-the-art surveys with a well-balanced view integrating all aspects. From inside the book. Users without a subscription are not able to see the full content.


After describing and analyzing various CA mechanisms, it addresses bidding languages and questions of efficiency. CramtonYoav ShohamRichard Steinberg.

“Combinatorial Auctions” by Peter Cramton

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The book discusses five important applications of CAs: There was a problem filtering reviews right now. This landmark collection integrates these three perspectives, offering a state-of-the art survey of developments in combinatorial auction theory and practice by leaders in the field.

Print Save Cite Email Share. Publications Pages Publications Pages. I’d like to read this book on Kindle Don’t have a Kindle? A synthesis of theoretical and practical research on combinatorial auctions from the perspectives of economics, operations research, and computer science.

Some challenges are computational, some economic, and some hybrid. Combinatorial auctions CAsby allowing bidders to express their preferences more fully, can lead to improved economic efficiency and greater auction revenues.

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Combinatorial auction

A very impressive accomplishment! This problem is difficult for large instances. Read more Read less. Combinatorial auctions is an important interdisciplinary field combining issues from economics, game theory, optimization, and computer science.

Top Reviews Most recent Top Reviews. University Press Scholarship Combinatotial. This unique collection makes recent work in CAs available to a broad audience of researchers and practitioners. This includes the breadth and depth of the topics covered and the language employed.


Please try again later. Account Options Sign in. Possible strategies for solving the computationally intractable problem of how to compute the objective-maximizing allocation known as the winner determination problem are considered, as are questions of how to test alternative algorithms.

Search my Subject Specializations: It can be stated as follows: The study of combinatorial auctions — auctions in which bidders can bid on combinations of items or “packages” — draws on the disciplines of economics, combiantorial research, and computer science. I found the book to be very accessible.

For example, Hsieh proposed a Lagrangian relaxation approach for combinatorial reverse auction problems. Showing of 2 reviews. Retrieved from ” https: An example of a computational problem is how to efficiently determine the allocation once the bids have been submitted to the auctioneer.