Some Tractable Combinatorial Auctions

Book One

Volume

Proceedings of the AAAI Conference on Artificial Intelligence, 17

Agents

Auctions are the most widely used strategic game-theoretic mechanism in the Internet. Auctions have been mostly studied from a game-theoretic and economic perspective, although recent work in AI and OR has been concerned with computational aspects of auctions as well. When faced from a computational perspective, combinatorial auctions are perhaps the most challenging type of auctions. Combinatorial auctions are auctions where agents may submit bids for bundles of goods. Given that finding an optimal allocation of the goods in a combinatorial auction is intractable, researchers have been concerned with exposing tractable instances of combinatorial auctions. In this work we introduce polynomial solutions for a variety of non-trivial combinatorial auctions, such as combinatorial network auctions, various sub-additive combinatorial auctions, and some restricted forms of multi-unit combinatorial auctions.