The dollar auction with spiteful players


Waniek, Marcin, Tran-Thanh, Long, Michalak, Tomasz P. and Jennings, Nicholas (2017) The dollar auction with spiteful players In Thirty-First AAAI Conference on Artificial Intelligence. Association for the Advancement of Artificial Intelligence. 7 pp.

Download

[img] PDF dollar_auction - Accepted Manuscript
Restricted to Repository staff only

Download (1MB)

Description/Abstract

The dollar auction is an auction model used to analyse the dynamics of conflict escalation. In this paper, we analyse the course of an auction when participating players are spiteful, i.e., they are motivated not only by their own profit, but also by the desire to hurt the opponent. We investigate this model for the complete information setting, both for the standard scenario and for the situation where auction starts with nonzero bids. Our results give us insight into the possible effects of meanness onto conflict escalation.

Item Type: Conference or Workshop Item (Paper)
Organisations: Electronics & Computer Science, Agents, Interactions & Complexity
ePrint ID: 406360
Date :
Date Event
4 February 2017Published
Date Deposited: 10 Mar 2017 10:45
Last Modified: 16 Apr 2017 17:11
Further Information:Google Scholar
URI: http://eprints.soton.ac.uk/id/eprint/406360

Actions (login required)

View Item View Item