Maximizing Matching in Double-Sided Auctions

Jinzhong Niu (The City College, The City University of New York, USA)

Abstract

Traditionally in double auctions, offers are cleared at the equilibrium price. In this paper, we introduce a novel, non-recursive, matching algorithm for double auctions, which aims to maximize the amount of commodities to be traded. Our algorithm has lower time and space complexities than existing algorithms.