A column generation approach is used to determining the set of winning bids in a combinatorial auction for multiple, unique items. This approach is appropriate for auctions in which an individual agent places bids on multiple combinations, and will accept, subject to some restrictions, one or more of the specified combinations. Preliminary computational results appear promising.
By: Brenda L. Dietrich, John J. Forrest
Published in: RC22166 in 2001
LIMITED DISTRIBUTION NOTICE:
This Research Report is available. This report has been submitted for publication outside of IBM and will probably be copyrighted if accepted for publication. It has been issued as a Research Report for early dissemination of its contents. In view of the transfer of copyright to the outside publisher, its distribution outside of IBM prior to publication should be limited to peer communications and specific requests. After outside publication, requests should be filled only by reprints or legally obtained copies of the article (e.g., payment of royalties). I have read and understand this notice and am a member of the scientific community outside or inside of IBM seeking a single copy only.
Questions about this service can be mailed to reports@us.ibm.com .