Presentation 2013-11-29
A Preliminary Analysis on Approximation for Large-Scale Multi-Unit Combinatorial Auctions with Reserve-Price Bidding
Naoki FUKUTA,
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Abstract(in English) In this paper, I discuss about a preliminary idea and its possible implementation of an approximation of multi-unit combinatorial auction which can specify reserve prices for the sold items. In this paper, also I discuss about a preliminary idea and its implementation of an auction-based dynamic electric power resource allocation framework that utilizes certain tractable pricing mechanisms on such an auction, to be used for middle-scale smart grids, e.g., grids for manufacturing industries in a small city with several power suppliers. I illustrate how such an auction-based pricing mechanism could be modeled as a variant of reserve price biddings on multi-unit combinatorial auctions when we consider the allocation of aggregated electricity in a day, considering electricity generation costs on the power suppliers.
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Keyword(in English) auction / smart-grid / multi-agent framework
Paper # AI2013-32
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Committee AI
Conference Date 2013/11/21(1days)
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Registration To Artificial Intelligence and Knowledge-Based Processing (AI)
Language JPN
Title (in Japanese) (See Japanese page)
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Title (in English) A Preliminary Analysis on Approximation for Large-Scale Multi-Unit Combinatorial Auctions with Reserve-Price Bidding
Sub Title (in English)
Keyword(1) auction
Keyword(2) smart-grid
Keyword(3) multi-agent framework
1st Author's Name Naoki FUKUTA
1st Author's Affiliation Graduate School of Informatics, Shizuoka University()
Date 2013-11-29
Paper # AI2013-32
Volume (vol) vol.113
Number (no) 332
Page pp.pp.-
#Pages 6
Date of Issue