iMLCA: Machine Learning-powered Iterative Combinatorial Auctions with Interval Bidding
iMLCA: Machine Learning-powered Iterative Combinatorial Auctions with Interval Bidding
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iMLCA:机器学习驱动的迭代组合拍卖与区间竞价
DOI:
10.1145/3465456.3467535
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发表时间:
2021
期刊:
影响因子:
--
通讯作者:
Seuken, Sven
中科院分区:
文献类型:
--
作者:
Beyeler, Manuel;Brero, Gianluca;Lubin, Benjamin;Seuken, Sven
We study the design of iterative combinatorial auctions for domains with a large number of items. In such domains, preference elicitation is a major challenge because the bundle space grows exponentially in the number of items. To keep preference elicitation manageable, recent work has employed machine learning (ML) algorithms that identify a small set of bundles to query from each bidder. However, a major limitation of this prior work is that bidders must submit exact values for the queried bundles, which can be quite costly for them. To address this, we propose iMLCA, a new ML-powered auction with interval bidding (i.e., where bidders submit upper and lower bounds for the queried bundles). To steer the auction towards an efficient allocation, we introduce a new price-based activity rule, asking bidders to tighten bounds on relevant bundles only. The activity rule is designed such that the auctioneer receives enough information about bidders' preferences to achieve high efficiency and good incentives, while minimizing elicitation costs. Our experiments show that iMLCA, despite only eliciting interval bids, achieves almost the same allocative efficiency as the prior auction design that required bidders to submit exact values. Finally, we show that iMLCA beats the well-known combinatorial clock auction in a realistically-sized domain.
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DOI:
--
发表时间:
2018
期刊:
International Joint Conference on Artificial Intelligence
影响因子:
--
作者:
Gianluca Brero;Benjamin Lubin;Sven Seuken
通讯作者:
Sven Seuken
DOI:
--
发表时间:
2006
期刊:
影响因子:
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作者:
D. Parkes
通讯作者:
D. Parkes
DOI:
--
发表时间:
2005
期刊:
影响因子:
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作者:
R. Cavallo;D. Parkes;A. I. Juda;Adam Kirsch;A. Kulesza;Sébastien Lahaie;Benjamin Lubin;Loizos Michael;Jeffery Shneidman
通讯作者:
Jeffery Shneidman
DOI:
--
发表时间:
2017
期刊:
AAAI Conference on Artificial Intelligence
影响因子:
--
作者:
Gianluca Brero;Sébastien Lahaie
通讯作者:
Sébastien Lahaie
DOI:
--
发表时间:
2016
期刊:
International Conference on Interaction Sciences
影响因子:
--
作者:
P. Paulsen;M. Bichler
通讯作者:
M. Bichler