Presentation | 2005/3/8 Designing an auction protocol for cases including insincere sellers motivating buyers to investigate unidentified sellers Masafumi MATSUDA, Shigeo MATSUBARA, |
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Abstract(in Japanese) | (See Japanese page) |
Abstract(in English) | To achieve a socially efficient allocation in Internet auctions, it is important to exclude insincere sellers, i.e., it is necessary to investigate unidentified sellers and share information on them. However, the first buyer (investigator) may suffer a loss if the seller is insincere, which discourages the buyer being an investigator. To solve this problem, we design auction protocols that motivate buyers to investigate unidentified sellers by determining an appropriate amount of payment. We prove that the buyers' truth telling is in equilibrium in this protocol. Moreover, experimental results show that the social surplus obtained by our protocol is close to an efficient allocation. |
Keyword(in Japanese) | (See Japanese page) |
Keyword(in English) | mechanism designe / auction protocol / reputation / electronic commerce |
Paper # | AI2004-85 |
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Committee | AI |
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Conference Date | 2005/3/8(1days) |
Place (in Japanese) | (See Japanese page) |
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Topics (in Japanese) | (See Japanese page) |
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Registration To | Artificial Intelligence and Knowledge-Based Processing (AI) |
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Language | JPN |
Title (in Japanese) | (See Japanese page) |
Sub Title (in Japanese) | (See Japanese page) |
Title (in English) | Designing an auction protocol for cases including insincere sellers motivating buyers to investigate unidentified sellers |
Sub Title (in English) | |
Keyword(1) | mechanism designe |
Keyword(2) | auction protocol |
Keyword(3) | reputation |
Keyword(4) | electronic commerce |
1st Author's Name | Masafumi MATSUDA |
1st Author's Affiliation | NTT Communication Science Laboratories() |
2nd Author's Name | Shigeo MATSUBARA |
2nd Author's Affiliation | NTT Communication Science Laboratories |
Date | 2005/3/8 |
Paper # | AI2004-85 |
Volume (vol) | vol.104 |
Number (no) | 727 |
Page | pp.pp.- |
#Pages | 6 |
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