The Winner Determination Approach of Combinatorial Auctions based on Double Layer Orthogonal Multi-Agent Genetic Algorithm

The selection of winning bids in the first-price seal combinatorial auction is an extremely complex problem, and in fact it has been shown to be NP-complete. The meta-heuristic algorithms put the problem to be solved into a proper science perspective. It proposes a winner determination approach of combinatorial auctions based on double layer orthogonal… CONTINUE READING