AbstractK. Daniel and S. Koenig. Fast Winner Determination for Agent Coordination with SBB Auctions [Short Paper]. In Proceedings of the International Joint Conference on Autonomous Agents and Multiagent Systems (AAMAS), pages 1197-1198, 2009.
Abstract: The runtime of winner determination for each round of a sequential bundle-bid auction (= SBB auction) has recently been shown to be linear in the number of submitted bids, which makes SBB auctions appealing for solving cooperative task-assignment problems. In this paper, we introduce the Shrewd (= SHrewd Resource Efficient Winner Determination) algorithm, whose runtime is linear in the number of submitted bids but typically much smaller than the runtime of the existing winner-determination algorithm for SBB auctions, making them feasible for larger bundle sizes.
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