A mathematical model for analyzing the proxy bidding method for mobile agent-based auction services

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Abstract

This paper presents an auction system based on mobile agents. By using a proxy server, a user can generate a mobile auction agent by giving the bidding information, including the maximum bidding price. The agent then moves to the required server to participate in the auction according to the user's requirements. A major contribution of the paper is that it presents a mathematical model to analyze the commonly used "proxy bidding method." Based on the distribution of the maximum bidding price, the model can be used to find the probability of stopping at a certain price and, hence, the average winning price. Simulation and analytical results are presented to demonstrate the behavior of the system.
Original languageEnglish
Title of host publicationProceedings - 18th International Conference on Advanced Information Networking and Applications, AINA 2004 Volume 1 (Regional Papers)
Pages518-523
Number of pages6
Volume1
Publication statusPublished - 6 Jul 2004
EventProceedings - 18th International Conference on Advanced Information Networking and Applications, AINA 2004 - Fukuoka, Japan
Duration: 29 Mar 200431 Mar 2004

Conference

ConferenceProceedings - 18th International Conference on Advanced Information Networking and Applications, AINA 2004
Country/TerritoryJapan
CityFukuoka
Period29/03/0431/03/04

ASJC Scopus subject areas

  • Engineering(all)

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