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Designing an auction protocol under asymmetric information on nature's selection
2002
Proceedings of the first international joint conference on Autonomous agents and multiagent systems part 1 - AAMAS '02
Internet auctions are becoming an especially popular part of Electronic Commerce and auction protocols have been studied very widely in the field of multi-agent systems and AI. However, correctly judging the quality of auctioned goods is often difficult for non-experts (amateurs), in particular, on the Internet auctions. In this paper, we formalize such a situation so that Nature selects the quality of the auctioned good. Experts can observe Nature's selection (i.e., the quality of the good)
doi:10.1145/544741.544759
dblp:conf/atal/ItoYM02
fatcat:5twsvbtlffc3tibnsfxwus5i7i