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Quantum Auctions
Hogg, Tad
Harsha, Pavithra
Chen, Kay-Yut
Location: http://arxiv.org/abs/0704.0800

We present a quantum auction protocol using superpositions to represent bids and distributed search to identify the winner(s). Measuring the final quantum state gives the auction outcome while simultaneously destroying the superposition. Thus non-winning bids are never revealed. Participants can use entanglement to arrange for correlations among their bids, with the assurance that this entanglement is not observable by others. The protocol is useful for information hiding applications, such as partnership bidding with allocative externality or concerns about revealing bidding preferences. The protocol applies to a variety of auction types, e.g., first or second price, and to auctions involving either a single item or arbitrary bundles of items (i.e., combinatorial auctions). We analyze the game-theoretical behavior of the quantum protocol for the simple case of a sealed-bid quantum, and show how a suitably designed adiabatic search reduces the possibilities for bidders to game the auction. This design illustrates how incentive rather that computational constraints affect quantum algorithm choices.

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Detalles del recurso

Quantum Auctions
Id. 22611537
Titulo Quantum Auctions
Autor(es) Hogg, Tad
Harsha, Pavithra
Chen, Kay-Yut
Location http://arxiv.org/abs/0704.0800
Versión 1.0
Estado Final
Descripción We present a quantum auction protocol using superpositions to represent bids and distributed search to identify the winner(s). Measuring the final quantum state gives the auction outcome while simultaneously destroying the superposition. Thus non-winning bids are never revealed. Participants can use entanglement to arrange for correlations among their bids, with the assurance that this entanglement is not observable by others. The protocol is useful for information hiding applications, such as partnership bidding with allocative externality or concerns about revealing bidding preferences. The protocol applies to a variety of auction types, e.g., first or second price, and to auctions involving either a single item or arbitrary bundles of items (i.e., combinatorial auctions). We analyze the game-theoretical behavior of the quantum protocol for the simple case of a sealed-bid quantum, and show how a suitably designed adiabatic search reduces the possibilities for bidders to game the auction. This design illustrates how incentive rather that computational constraints affect quantum algorithm choices.
Palabras clave Quantum Physics
Tipo de recurso Texto Narrativo
Tipo de Interactividad Expositivo
Nivel de Interactividad muy bajo
Audiencia Estudiante
Profesor
Autor
Estructura Atomic
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Requerimientos técnicos Browser: Any
Fecha de contribución 25-jun-2007
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