Robust combinatorial auction protocol against false-name bids

作者:

摘要

This paper presents a new combinatorial auction protocol that is robust against false-name bids. Internet auctions have become an integral part of Electronic Commerce (EC) and a promising field for applying agent and Artificial Intelligence technologies. Although the Internet provides an excellent infrastructure for combinatorial auctions, we must consider the possibility of a new type of cheating, i.e., an agent tries to profit from submitting several bids under fictitious names (false-name bids). If there exists no false-name bid, the Generalized Vickrey Auction protocol (GVA) satisfies individual rationality, Pareto efficiency, and incentive compatibility. On the other hand, when false-name bids are possible, it is theoretically impossible for a combinatorial auction protocol to simultaneously satisfy these three properties.

论文关键词:Mechanism design,Auction,Game theory,Electronic commerce

论文评审过程:Received 8 December 2000, Available online 30 July 2001.

论文官网地址:https://doi.org/10.1016/S0004-3702(01)00077-7