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Abstract: In this paper we study the problem of online market clearing where there is one commodity in the market being bought and sold by multiple buyers and sellers whose bids arrive and expire at different times. The auctioneer is faced with an online clearing problem of deciding which buy and sell bids to match without knowing what bids will arrive in the future. For maximizing profit, we present a (randomized) online algorithm with a competitive ratio of ln(p max min )+1, when bids are in a range [p ... (Update)
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BibTeX entry: (Update)
Avrim Blum, Tuomas Sandholm, and Martin Zinkevich. Online algorithms for market clearing. In Proc. of the 13th SIAM Symposium on Discrete Algorithms (SODA 2002. http://citeseer.ist.psu.edu/article/blum02online.html More
@misc{ blum02online,
author = "A. Blum and T. Sandholm and M. Zinkevich",
title = "Online algorithms for market clearing",
text = "Avrim Blum, Tuomas Sandholm, and Martin Zinkevich. Online algorithms for
market clearing. In Proc. of the 13th SIAM Symposium on Discrete Algorithms
(SODA 2002.",
year = "2002",
url = "citeseer.ist.psu.edu/article/blum02online.html" }
Citations (may not include all citations):
280
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