Simultaneous Ascending Auctions (SAA) are crucial for spectrum allocation. The proposed SMSα algorithm optimizes bidding strategies by addressing exposure, own price effect, budget constraints, and eligibility management. Extensive experiments show SMSα outperforms existing algorithms.
The SAA mechanism is widely used for spectrum auctions. SMSα tackles strategic issues like exposure and own price effect efficiently. It introduces a risk-averse reward function to optimize bidding strategies. The algorithm significantly improves performance in realistic scenarios.
Budget constraints and eligibility management are critical in SAA. SMSα offers a new method for predicting closing prices and enhances utility while reducing risks. The algorithm's approach shows promising results compared to traditional strategies.
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by Alexandre Pa... kl. arxiv.org 03-13-2024
https://arxiv.org/pdf/2307.11428.pdfDybere Forespørgsler