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Prof. Dr. Jürgen Dix · Department of Informatics, TUC Multiagent Systems, WS 06/07 314/731 4. Decision Making (2) 3. Auctions While voting binds all agents, auctions are always deals between 2. Types of auctions: first-price open cry: (English auction), as usual. first-price sealed bid: one bids without knowing the other bids. dutch auction: (descending auction) the seller lowers the price until it is taken. second-price sealed bid: (Vickrey auction) Highest bidder wins, but the price is the second highest bid!
Prof. Dr. Jürgen Dix · Department of Informatics, TUC Multiagent Systems, WS 06/07 315/731 4. Decision Making (2) 3. Auctions Three different auction settings: private value: Value depends only on the bidder (cake). common value: Value depends only on other bidders (treasury bills). correlated value: Partly on own’s values, partly on others.
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1. Introduction 3. Formal Descripti
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1. Introduction 3. Formal Descripti
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2. Basic Architectures 2. BDI-Archi
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2. Basic Architectures 3. AOP Prof.
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3. Decision Making (1) 3. (Im-) Per
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6. Propositional Logic 3. Sudoku Si
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6. Propositional Logic 3. Sudoku Se
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9. Agents based on FOL 1. First Ord
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9. Agents based on FOL 1. First Ord
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9. Agents based on FOL 4. (Con-)Gol
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Situation independent functions dec
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9. Agents based on FOL 7. Reference
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