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Everything about Sequential auction
A sequential auction is an auction in which several items are sold, one after the other, to the same group of potential buyers. In a sequential first-price auction (SAFP), each individual item is sold using a first price auction, while in a sequential second-price auction (SASP), each individual item is sold using a second price auction. Wikipedia →
🧭 Start here: a 6-step reading path
- Read the overview: Sequential auctionA 5-minute orientation
- Skim a recent paper: Sequential auction for cloud manufacturing resource trading: A deep reinforcement learning approach to the lot-sizing problemInfluential work since 2022
- Pick up a classic book: Operations ManagementThe most-reprinted book on the subject
- Read the landmark paper: Swarm assignment and trajectory optimization using variable-swarm, distributed auction assignment and sequential convex programmingCited 178 times
- Go sideways: Price of anarchy in auctionsA closely related topic
- Go sideways: Revelation principleA closely related topic
📖 Definitions
No dictionary entry for this exact phrase.
🗂️ The subject at a glance
🏆 Landmark papers (most cited)
Swarm assignment and trajectory optimization using variable-swarm, distributed auction assignment and sequential convex programming
A Two Stage Sequential Auction with Multi-Unit Demands
Sequential single-item auction improvements for heterogeneous multi-robot routing
Order and price in a sequential auction
Sequential auction based parking space sharing and pricing mechanism in the era of sharing economy
An empirical model of the multi‐unit, sequential, clock auction
A sequential auction involving asymmetrically-informed bidders
Best foot forward or best for last in a sequential auction?
🆕 Influential since 2022
Sequential auction for cloud manufacturing resource trading: A deep reinforcement learning approach to the lot-sizing problem
How to sell in a sequential auction market
Selling order in a sequential auction
Optimal auctions with sequential arrival: Allowing for re-auction and resale
Multi-Stage Auction with Diffusion-Based DRL for Sequential-Tasks Offloading in Low-Altitude Economy Networks
📚 Books worth reading
Operations ManagementRoberta S. Russell, Bernard Taylor · 1998
Game TheoryMichael Maschler, Eilon Solan · 2013
Game TheoryRoger A. McCain · 2004
Understanding Computers Today and TomorrowDeborah Morley · 2003
Negotiation, auctions, and market engineeringHenner Gimpel · 2008
AI 2012: Advances in Artificial IntelligenceMichael Thielscher · 2012
Advances in Computing, Communication, and ControlSrija Unnikrishnan · 2013
Sequential auctions of non-identical objectsRichard Engelbrecht-Wiggans · 1991
Ranked by number of editions on Open Library, a rough measure of how lasting a book is.
🔗 Related topics
- Price of anarchy in auctions The Price of Anarchy (PoA) is a concept in game theory and mechanism design that measures how the social welfare of a system degrades due to selfish behavior…
- Revelation principle The revelation principle is a fundamental result in mechanism design, social choice theory, and game theory which shows it is always possible to design…
- First-price sealed-bid auction A first-price sealed-bid auction (FPSBA) is a common type of auction. It is also known as blind auction. In this type of auction, all bidders simultaneously…
- Revenue equivalence Revenue equivalence is a concept in auction theory that states that given certain conditions, any mechanism that results in the same outcomes (i.e. allocates…
- Fair allocation of items and money Fair allocation of items and money is a class of fair item allocation problems in which, during the allocation process, it is possible to give or take…
- Competitive equilibrium Competitive equilibrium (also called: Walrasian equilibrium) is a concept of economic equilibrium, introduced by Kenneth Arrow and Gérard Debreu in 1951…
- Auction theory Auction theory is a branch of applied economics that deals with how bidders act in auctions and researches how the features of auctions incentivise predictable…
- Generalized second-price auction The generalized second-price auction (GSP) is a non-truthful auction mechanism for multiple items. Each bidder places a bid. The highest bidder gets the…