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As mobile devices have been ubiquitous, participatory sensing emerges as a powerful tool to solve many contemporary real life problems. Here, we contemplate the participatory sensing in online double auction environment by considering the location information of the participating agents. In this paper, we propose a truthful mechanism in this setting and the mechanism also satisfies the other economic properties such as budget balance and individual rationality.
Agents (specially humans) with smart devices are stemming with astounding rapidity and that may play a big role in information and communication technology apart from being used only as a mere calling devices. Inculcating the power of smart devices c
A classical trading experiment consists of a set of unit demand buyers and unit supply sellers with identical items. Each agents value or opportunity cost for the item is their private information and preferences are quasi-linear. Trade between agent
We study the limits of an information intermediary in Bayesian auctions. Formally, we consider the standard single-item auction, with a revenue-maximizing seller and $n$ buyers with independent private values; in addition, we now have an intermediary
Participatory budgeting is a democratic process for allocating funds to projects based on the votes of members of the community. However, most input methods of voters preferences prevent the voters from expressing complex relationships among projects
Crowd sensing is a new paradigm which leverages the ubiquity of sensor-equipped mobile devices to collect data. To achieve good quality for crowd sensing, incentive mechanisms are indispensable to attract more participants. Most of existing mechanism