On the rapid convergence of a class of decentralized decision processes: quantized progressive second-price auctions

DOI10.1093/IMAMCI/DNP016MaRDI QIDQ3644232zbMATH OpenOpenAlexFDO

Authors Peng Jia, Clare W. Qu, Peter E. Caines

Publication date 3 November 2009

Published in IMA Journal of Mathematical Control and Information (Search for Journal in Brave)

Full work available at URL https://semanticscholar.org/paper/791c0ad2fab35c45dad1f5a68117b07bdfd0370d

zbMATH Keywords

marketnonlinear dynamicsmultiagent systemssecond price auctionprogressive auction

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26)

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Cited in

(5)

• Analysis of Decentralized Quantized Auctions on Cooperative Networks
• Auction-based resource allocation game under a hierarchical structure
• Market clearing price and equilibria of the progressive second price mechanism
• Analysis of a class of decentralized dynamical systems: rapid convergence and efficiency of dynamical quantized auctions
• Analysis of Quantized Double Auctions with Application to Competitive Electricity Markets

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