Waniek, Marcin, Tran-Thanh, Long, Michalak, Tomasz P. and Jennings, Nicholas
The dollar auction with spiteful players
In Thirty-First AAAI Conference on Artificial Intelligence.
Association for the Advancement of Artificial Intelligence. 7 pp.
- Accepted Manuscript
Restricted to Repository staff only
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.
Conference or Workshop Item
||Electronics & Computer Science, Agents, Interactions & Complexity
|4 February 2017||Published|
||10 Mar 2017 10:45
||16 Apr 2017 17:11
|Further Information:||Google Scholar|
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