Two-Phase Clock Auction Design

摘要：

We propose the two-phase clock auction as a practical means for auctioning many units, a private values clock phase is followed by an interdependent values clock auction phase. The approach combines the simple and transparent price discovery of the private values clock auction with the efficiency of interdependent values clock auction. The private values clock phase is maintained as long as possible to speed up the auction process, and then is taken over to an interdependent values clock auction to improve efficiency and enhance sellers revenues.

关键词： Clock auction Private values Interdependent values Efficiency

作者: Lanbo Miao Jiafu Tang

作者单位: Dept of Systems Engineering, College of Information Science & Engineering,Northeastern University, S Dept of Systems Engineering, College of Information Science & Engineering,Northeastern University, S

会议类型: 国际会议

会议名称: International Conference on Life System Modeling and Simulation,and International Conference on Intelligent Computing for Sustainable Energy and Environment(2010生命系统建模与仿真国际会议暨m2010可持续能源与环境智能计算国际会议)

会议地点: 无锡

会议语种:英文

页码: 83-91

在线出版日期: 2010-09-17（万方平台首次上网日期，不代表论文的发表时间）