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With the background of the mechanism design of the present e-Auction and of multi-object auction, the paper offers such a design of a special sequential second-price sealed-bid auction of 2 differentiated objects, which is steadily transferring the auctioneers' private information into common knowledge step by step.,analyzing and comparing the bidders' preferred bidding and the auctioneers' expectant...
This paper discusses the controllability problem of Boolean networks with inputs (control nodes) and outputs (controlled nodes). An algorithm for testing controllability is in general NP-hard, and the existing polynomial-time algorithm is limited to a class of tree-structure networks. In this paper, based on a sufficient condition for controllability, a polynomial-time algorithm is proposed. The proposed...
Large networks of human and machine systems have staggeringly complex properties which make them difficult to analyze. This resistance to characterization is due to the fact that the number of possible interactions between the system nodes is exponential in the number of nodes. This combinatorial complexity makes such systems resistant to both formal analysis and empirical exploration. The goal of...
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