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MASTER THESIS
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An experimental comparison between two cominatorial auctions : VCG and iBUNDLE

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Tran, Phuong Nam ULiège
Promotor(s) : Crama, Yves ULiège
Date of defense : 4-Sep-2017/11-Sep-2017 • Permalink : http://hdl.handle.net/2268.2/3386
Details
Title : An experimental comparison between two cominatorial auctions : VCG and iBUNDLE
Author : Tran, Phuong Nam ULiège
Date of defense  : 4-Sep-2017/11-Sep-2017
Advisor(s) : Crama, Yves ULiège
Committee's member(s) : Arda, Yasemin ULiège
Gautier, Axel ULiège
Language : English
Keywords : [fr] Combinatorial auction, Vickrey-Clarke-Groves, iBundle, allocation
Discipline(s) : Business & economic sciences > Production, distribution & supply chain management
Institution(s) : Université de Liège, Liège, Belgique
Degree: Master en ingénieur de gestion, à finalité spécialisée en Supply Chain Management and Business Analytics
Faculty: Master thesis of the HEC-Ecole de gestion de l'Université de Liège

Abstract

[en] The use of combinatorial auctions for complex resource allocation has been increasingly popular in recent years. Facing the diversity of combinatorial auction types due to selecting the suitable auction model becomes a big challenge for sellers. In order to give an overview for sellers, this thesis studies and provides a comparison of two package auction mechanisms, Vickrey-Clarke-Groves auction and iBundle(2) auction.
In this study, I gathered the basic theory of combinatorial auction and mechanism of two auction models mentioned above. By re-establishing the mathematical model and simulating the operating mechanism of these auctions, I found out meaningful comparative results which would help sellers to select better auction model.


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Access Phuong Nam TRAN-FinalThesis2017.pdf
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Size: 1.03 MB
Format: Adobe PDF

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Access Code.rar
Description: This file contains codes of two auction models
Size: 28.41 MB
Format: Unknown
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Size: 350.62 kB
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Author

  • Tran, Phuong Nam ULiège Université de Liège > Master ingé. gest., à fin.

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  • Total number of views 28
  • Total number of downloads 8










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