ComEngApp : Computer Engineering and Applications Journal
Vol 4 No 1 (2015)

An imperialist competitive algorithm for the winner determination problem in combinatorial auction

Reza Mostafavi (Unknown)
Seyed Naser Razavi (Unknown)
Mohammad Ali Balafar (Unknown)



Article Info

Publish Date
18 Feb 2015

Abstract

Winner Determination problem (WDP) in combinatorial auction is an NP-complete problem. The NP-complete problems are often solved by using heuristic methods and approximation algorithms. This paper presents an imperialist competitive algorithm (ICA) for solving winner determination problem. Combinatorial auction (CA) is an auction that auctioneer considers many goods for sale and the bidder bids on the bundle of items. In this type of auction, the goal is finding winning bids that maximize the auctioneer’s income under the constraint that each item can be allocated to at most one bidder. To demonstrate, the postulated algorithm is applied over various benchmark problems. The ICA offers competitive results and finds good-quality solution in compare to genetic algorithm (GA), Memetic algorithm (MA), Nash equilibrium search approach (NESA) and Tabu search.

Copyrights © 2015






Journal Info

Abbrev

comengapp

Publisher

Subject

Computer Science & IT Engineering

Description

ComEngApp-Journal (Collaboration between University of Sriwijaya, Kirklareli University and IAES) is an international forum for scientists and engineers involved in all aspects of computer engineering and technology to publish high quality and refereed papers. This Journal is an open access journal ...