Preventing market collapse in auctions for perishable Internet of Things resources
We are entering the era of digital business moments where autonomous things will buy and sell services from each other in order to make people’s life easier. They will also negotiate in order to achieve the best price for their services which will result
Maria B Safianowska +2 more
doaj +1 more source
Impact of Contractors’ Bidding Strategies on Bid Success in the Nigeria Construction Industry
Several types of researches have been carried out prior to the new millennium on the subject of bidding strategies in the construction industry. Today, organizations are faced with a very complex decision of bid/no-bid because it requires the assessment ...
Tolulope Samuel Fawale +1 more
doaj +1 more source
Optimal Bidding Strategy without Exploration in Real-time Bidding [PDF]
Maximizing utility with a budget constraint is the primary goal for advertisers in real-time bidding (RTB) systems. The policy maximizing the utility is referred to as the optimal bidding strategy. Earlier works on optimal bidding strategy apply model-based batch reinforcement learning methods which can not generalize to unknown budget and time ...
Aritra Ghosh 0001 +3 more
openaire +2 more sources
Proximal Policy Optimization-based Bidding Strategy for Thermal Power Generators Participating in Energy and Frequency Regulation Markets [PDF]
[Objective] With China’s ongoing electricity market reforms and the pursuit of carbon peaking and neutrality goals, renewable energy penetration in the power system is rapidly increasing.
ZHANG Bin, CAO Fan, XIAO Kun, SONG Yin, GUO Ying, YE Yujian, XU Dezhi
doaj +1 more source
Visual Specification of Layered Bidding Strategies for Autonomous Bidding Agents [PDF]
In an agent-based online auction system, a bidding agent can automatically place bids on behalf of a human user according to a user-specified bidding strategy. Current implementations of bidding agents only support a set of simple predefined bidding strategies.
Benjamin J. Ford +3 more
openaire +1 more source
Optimal Bidding Strategy for Brand Advertising [PDF]
Brand advertising is a type of advertising that aims at increasing the awareness of companies or products. This type of advertising is well studied in economic, marketing, and psychological literature; however, there are no studies in the area of computational advertising because the effect of such advertising is difficult to observe.
Takanori Maehara +3 more
openaire +1 more source
Methods of participating power spot market bidding and settlement for renewable energy systems
The bidding strategies in electricity markets are non-conventional sources of flexibility. The market bids are usually in the form of a price and quantity quotation, and they state how much the seller or buyers are willing to buy or sell and for what ...
Tingting Cai +3 more
doaj +1 more source
Imagine and Imitate: Cost-Effective Bidding under Partially Observable Price Landscapes
Real-time bidding has become a major means for online advertisement exchange. The goal of a real-time bidding strategy is to maximize the benefits for stakeholders, e.g., click-through rates or conversion rates.
Xiaotong Luo +8 more
doaj +1 more source
In a competitive electricity market with substantial involvement of renewable electricity, maximizing profits by optimizing bidding strategies is crucial to different power producers including conventional power plants and renewable ones.
Yi Tang +5 more
doaj +1 more source
Design of market liberalizing degree based on the evolutionary game bidding of generators
The orderly release of electricity plan is an important measure for China’s electricity market reform which also lead to excessive pressure for coal power units caused by the low planned electricity quantity.
Jiajun Tang +10 more
doaj +1 more source

