A Novel Particle Swarm Optimization Approach to Support Decision-Making in the Multi-Round of an Auction by Game Theory

In this paper, game-theoretic optimization by particle swarm optimization (PSO) is used to determine the Nash equilibrium value, in order to resolve the confusion in choosing appropriate bidders in multi-round procurement. To this end, we introduce an approach that proposes (i) a game-theoretic mode...

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Bibliographic Details
Main Authors: Trinh Ngoc Bao, Quyet-Thang Huynh, Xuan-Thang Nguyen, Gia Nhu Nguyen, Dac-Nhuong Le
Format: Article
Language:English
Published: Atlantis Press 2020-09-01
Series:International Journal of Computational Intelligence Systems
Subjects:
Online Access:https://www.atlantis-press.com/article/125944527/view