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Published Articles >> Table of Contents >> Abstract
2003 IEEE International Conference on E-Commerce Technology (CEC'03)
p. 31
A Tractable Mechanism for Time Dependent Markets
Per Carlsson, Uppsala University, Sweden
Arne Andersson, Uppsala University, Sweden
Fredrik Ygge, Uppsala University, Sweden
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DOI Bookmark: http://doi.ieeecomputersociety.org/10.1109/COEC.2003.1210228
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| Abstract |
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Markets with time dependent goods are special cases of
multi commodity markets. An application area of high interest
is day-ahead power markets. If these are to be opened
for consumer side bidders and local production bidders, the
number of actors on the market grows dramatically, and
new market mechanisms and algorithms are needed. Another
interesting application area with many similarities is
bandwidth markets.
The design of large flexible markets with time dependent
goods is a computational challenge. In this paper we
present a computationally tractable mechanism for time dependent
markets. By a number of predefined bid types, it
offers useful flexibility to the bidders. We present the market
mechanism and the corresponding matching algorithm
together with some analysis of its behaviour.
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 Additional Information
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Citation:
Per Carlsson, Arne Andersson, Fredrik Ygge,
"A Tractable Mechanism for Time Dependent Markets,"
cec,
p. 31,
2003 IEEE International Conference on E-Commerce Technology (CEC'03),
2003
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