Author: Dimitrios Kostamis
Publisher:
ISBN:
Category :
Languages : en
Pages : 318
Book Description
Three Essays on Procurement Under Bargaining and Asymmetric Information
Author: Dimitrios Kostamis
Publisher:
ISBN:
Category :
Languages : en
Pages : 318
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 318
Book Description
A Primer on Auction Design, Management, and Strategy
Author: David J. Salant
Publisher: MIT Press
ISBN: 0262321831
Category : Business & Economics
Languages : en
Pages : 199
Book Description
A guide to modeling and analyzing auctions, with the applications of game theory and auction theory to real-world auction decision making. Auctions are highly structured market transactions primarily used in thin markets (markets with few participants and infrequent transactions). In auctions, unlike most other markets, offers and counteroffers are typically made within a structure defined by a set of rigid and comprehensive rules. Because auctions are essentially complex negotiations that occur within a fully defined and rigid set of rules, they can be analyzed by game theoretic models more accurately and completely than can most other types of market transactions. This book offers a guide for modeling, analyzing, and predicting the outcomes of auctions, focusing on the application of game theory and auction theory to real-world auction design and decision making. After a brief introduction to fundamental concepts from game theory, the book explains some of the more significant results from the auction theory literature, including the revenue (or payoff) equivalence theorem, the winner's curse, and optimal auction design. Chapters on auction practice follow, addressing collusion, competition, information disclosure, and other basic principles of auction management, with some discussion of auction experiments and simulations. Finally, the book covers auction experience, with most of the discussion centered on energy and telecommunications auctions, which have become the proving ground for many new auction designs. A clear and concise introduction to auctions, auction design, and auction strategy, this Primer will be an essential resource for students, researchers, and practitioners.
Publisher: MIT Press
ISBN: 0262321831
Category : Business & Economics
Languages : en
Pages : 199
Book Description
A guide to modeling and analyzing auctions, with the applications of game theory and auction theory to real-world auction decision making. Auctions are highly structured market transactions primarily used in thin markets (markets with few participants and infrequent transactions). In auctions, unlike most other markets, offers and counteroffers are typically made within a structure defined by a set of rigid and comprehensive rules. Because auctions are essentially complex negotiations that occur within a fully defined and rigid set of rules, they can be analyzed by game theoretic models more accurately and completely than can most other types of market transactions. This book offers a guide for modeling, analyzing, and predicting the outcomes of auctions, focusing on the application of game theory and auction theory to real-world auction design and decision making. After a brief introduction to fundamental concepts from game theory, the book explains some of the more significant results from the auction theory literature, including the revenue (or payoff) equivalence theorem, the winner's curse, and optimal auction design. Chapters on auction practice follow, addressing collusion, competition, information disclosure, and other basic principles of auction management, with some discussion of auction experiments and simulations. Finally, the book covers auction experience, with most of the discussion centered on energy and telecommunications auctions, which have become the proving ground for many new auction designs. A clear and concise introduction to auctions, auction design, and auction strategy, this Primer will be an essential resource for students, researchers, and practitioners.
Stochastic Analysis And Applications To Finance: Essays In Honour Of Jia-an Yan
Author: Tusheng Zhang
Publisher: World Scientific
ISBN: 9814489158
Category : Mathematics
Languages : en
Pages : 465
Book Description
This volume is a collection of solicited and refereed articles from distinguished researchers across the field of stochastic analysis and its application to finance. The articles represent new directions and newest developments in this exciting and fast growing area. The covered topics range from Markov processes, backward stochastic differential equations, stochastic partial differential equations, stochastic control, potential theory, functional inequalities, optimal stopping, portfolio selection, to risk measure and risk theory.It will be a very useful book for young researchers who want to learn about the research directions in the area, as well as experienced researchers who want to know about the latest developments in the area of stochastic analysis and mathematical finance.
Publisher: World Scientific
ISBN: 9814489158
Category : Mathematics
Languages : en
Pages : 465
Book Description
This volume is a collection of solicited and refereed articles from distinguished researchers across the field of stochastic analysis and its application to finance. The articles represent new directions and newest developments in this exciting and fast growing area. The covered topics range from Markov processes, backward stochastic differential equations, stochastic partial differential equations, stochastic control, potential theory, functional inequalities, optimal stopping, portfolio selection, to risk measure and risk theory.It will be a very useful book for young researchers who want to learn about the research directions in the area, as well as experienced researchers who want to know about the latest developments in the area of stochastic analysis and mathematical finance.
Essays on Games and Information
Author: Eduardo PĂ©rez
Publisher:
ISBN:
Category :
Languages : en
Pages : 114
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 114
Book Description
Essays on Choice and Matching Under Information Asymmetry
Author: Gregory M. Lewis
Publisher:
ISBN:
Category :
Languages : en
Pages : 374
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 374
Book Description
Combinatorial Auctions
Author: Peter C. Cramton
Publisher: MIT Press (MA)
ISBN:
Category : Business & Economics
Languages : en
Pages : 678
Book Description
A synthesis of theoretical and practical research on combinatorial auctions from the perspectives of economics, operations research, and computer science.
Publisher: MIT Press (MA)
ISBN:
Category : Business & Economics
Languages : en
Pages : 678
Book Description
A synthesis of theoretical and practical research on combinatorial auctions from the perspectives of economics, operations research, and computer science.
The Economics of Imperfect Information
Author: Louis Phlips
Publisher: Cambridge University Press
ISBN: 9780521313810
Category : Business & Economics
Languages : en
Pages : 302
Book Description
This book provides a systematic presentation of new microeconomic theories of imperfect information.
Publisher: Cambridge University Press
ISBN: 9780521313810
Category : Business & Economics
Languages : en
Pages : 302
Book Description
This book provides a systematic presentation of new microeconomic theories of imperfect information.
Essays on Information and Valuation Issues Around Equity Carve-outs
Author: Huijing Fu
Publisher:
ISBN:
Category :
Languages : en
Pages : 200
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 200
Book Description
Essays on Market Microstructure with Uncertain Information Precision, Optimal Information Sales, and Overconfidence
Author: Simon Gervais
Publisher:
ISBN:
Category :
Languages : en
Pages : 324
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 324
Book Description
Dissertation Abstracts International
Author:
Publisher:
ISBN:
Category : Dissertations, Academic
Languages : en
Pages : 564
Book Description
Publisher:
ISBN:
Category : Dissertations, Academic
Languages : en
Pages : 564
Book Description