Cloud computing has been an emerging model which aims at allowing customers to utilize computing resources hosted by Cloud Service Providers (CSPs). More and more consumers rely on CSPs to supply computing and storage service on the one hand, and CSPs try to attract consumers on favorable terms on the other. In such competitive cloud computing markets, pricing policies are critical to market ef...

Dynamic pricing and good level of Pareto optimality make auctions more attractive for resource allocation over other economic models. However, some auction models present drawbacks regarding the high demand of communication when applied to large-scale scenarios. In a complex Grid environment, the communication demand can become a bottleneck; that is, a number of messages need to be exchanged fo...

We establish the bid-equivalence between an independent private-value (IPV) …rst-price auction model with resale and a model of …rst-price common-value auction, when the resale market satis…es a minimal ef…ciency property and the common value is de…ned by the transaction price. With an application of the Coase Theorem, we show two polar cases in which auctions with resale have opposite properti...

In recently proposed electricity markets, price-based competitive behaviours of power suppliers (i.e., generators), energy service providers and large users (i.e., consumers) have been formulated using various auction algorithms (see Post et al., 1995; Wolfram, 1998; Dekrajangpetch and Shebl, 2000; Nicolaisen et al., 2001; Swider and Weber, 2007). In this paper, quantized Progressive Second Pri...

In opportunistic networks, selfish nodes will refuse to forward messages for others to save their precious resources such as bandwidth, buffer and energy, and the system performance will degrade significantly. Therefore, it is necessary to motivate the selfish nodes to cooperatively forward messages. However, current cooperation mechanisms for opportunistic networks mainly focus on encouraging ...

This paper characterizes the family of truthful double-sided auctions. Despite the importance of double-sidedauctions to market design, to date no characterizationof truthful double-sided auctions was made. This pa-per characterizes truthful mechanisms for double-sidedauctions by generalizing Roberts classic result [29], toshow that truthful double-sided auctions must ”a...

An agent-based simulation of double-auction markets Ted Xiao Guo Master of Science Graduate Department of Computer Science University of Toronto 2005 Agent-based simulation has emerged as a promising research alternative to the traditional analytical approach in studying financial markets. The idea behind agent-based simulation is to constructively model a market in a bottom-up fashion using ar...

This note gives pointers to what I think might be a good set of papers to read in order to obtain a grounding in auction theory, at least as it applies to work on the automated design of double auctions.