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Optimal bidding in multiple concurrent auctions

机译:多个并行拍卖中的最优出价

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摘要

In the face of multiple electronic sales sites, buyers can benefit from considering multiple opportunities and devising their purchase strategy to reduce risk and increase expected utility. However, human users cannot approach and rapidly monitor multiple sites. In particular, sites where prices change dynamically such as auction sites pose a major difficulty for human concurrent activity. Even without concurrency, the majority of human users do not have the ability or the resources to compute optimal purchase decisions. Such activities can be performed by computational agents. In this paper, we present mechanisms that allow agents to perform purchases on behalf of users. In particular, we devised methods that allow an agent that faces multiple dynamic sales sites to compute bids that optimize the expected utility of the user, or instead manage the winning probability of the purchase.
机译:面对多个电子销售站点,购买者可以从考虑多个机会并制定购买策略以降低风险和增加预期效用中受益。但是,人类用户无法接近并快速监视多个站点。特别是,价格动态变化的站点(例如拍卖站点)给人类同时进行的活动带来了很大的困难。即使没有并发,大多数人类用户也没有能力或资源来计算最佳购买决策。此类活动可以由计算代理执行。在本文中,我们介绍了允许代理代表用户执行购买的机制。特别是,我们设计了一些方法,使面对多个动态销售站点的代理商可以计算出价,以优化用户的预期效用,或者管理购买的获胜概率。

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