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