Algorithm for combinatorial coalition formation and payoff division in an electronic marketplace
- 1 January 2002
- proceedings article
- Published by Association for Computing Machinery (ACM)
- p. 120-127
- https://doi.org/10.1145/544741.544771
Abstract
In an electronic marketplace coalition formation allows buyers to enjoy a price discount for each item while combinatorial auction enables buyers to place bids for a bundle of items that are complementary. Coalition formation and combinatorial auction both help to improve the efficiency of a market and have received much attention from economists and computer scientists. But neither in laboratories nor in practice has there been literature on the situations where both coalition formation and...Keywords
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