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  • 标题:Offline Algorithms in Low-Frequency Trading Clearing Combinatorial Auctions
  • 本地全文:下载
  • 作者:TERENCE KELLY
  • 期刊名称:ACM Queue (Online): tomorrow's computing today
  • 电子版ISSN:1542-7749
  • 出版年度:2020
  • 卷号:18
  • 期号:6
  • 页码:1-15
  • 语种:English
  • 出版社:Association for Computing Machinery
  • 摘要:Expectations run high for software that makes real-world decisions, particularly when money hangs in the balance. This edition of Drill Bits shows how well-designed software can effectively create wealth by finding subtle opportunities for gains from trade. We'll unveil a deep connection between auctions and a classic problem from our school days, we'll see that clearing an auction—allocating resources based on bids—resembles a high-stakes mutant Tetris game, and we'll learn to stop worrying and love an NP-hard problem that's far from intractable in practice.
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