Author: Martin Bichler
Publisher: Cambridge University Press
ISBN: 1107135346
Category : Business & Economics
Languages : en
Pages : 935
Book Description
An international team of experts covers the pros and cons of different auction formats and lessons learned in the field.
Handbook of Spectrum Auction Design
Author: Martin Bichler
Publisher: Cambridge University Press
ISBN: 1107135346
Category : Business & Economics
Languages : en
Pages : 935
Book Description
An international team of experts covers the pros and cons of different auction formats and lessons learned in the field.
Publisher: Cambridge University Press
ISBN: 1107135346
Category : Business & Economics
Languages : en
Pages : 935
Book Description
An international team of experts covers the pros and cons of different auction formats and lessons learned in the field.
Putting Auction Theory to Work
Author: Paul Milgrom
Publisher: Cambridge University Press
ISBN: 1139449168
Category : Business & Economics
Languages : en
Pages : 378
Book Description
This book provides a comprehensive introduction to modern auction theory and its important new applications. It is written by a leading economic theorist whose suggestions guided the creation of the new spectrum auction designs. Aimed at graduate students and professionals in economics, the book gives the most up-to-date treatments of both traditional theories of 'optimal auctions' and newer theories of multi-unit auctions and package auctions, and shows by example how these theories are used. The analysis explores the limitations of prominent older designs, such as the Vickrey auction design, and evaluates the practical responses to those limitations. It explores the tension between the traditional theory of auctions with a fixed set of bidders, in which the seller seeks to squeeze as much revenue as possible from the fixed set, and the theory of auctions with endogenous entry, in which bidder profits must be respected to encourage participation.
Publisher: Cambridge University Press
ISBN: 1139449168
Category : Business & Economics
Languages : en
Pages : 378
Book Description
This book provides a comprehensive introduction to modern auction theory and its important new applications. It is written by a leading economic theorist whose suggestions guided the creation of the new spectrum auction designs. Aimed at graduate students and professionals in economics, the book gives the most up-to-date treatments of both traditional theories of 'optimal auctions' and newer theories of multi-unit auctions and package auctions, and shows by example how these theories are used. The analysis explores the limitations of prominent older designs, such as the Vickrey auction design, and evaluates the practical responses to those limitations. It explores the tension between the traditional theory of auctions with a fixed set of bidders, in which the seller seeks to squeeze as much revenue as possible from the fixed set, and the theory of auctions with endogenous entry, in which bidder profits must be respected to encourage participation.
The Handbook of Market Design
Author: Nir Vulkan
Publisher: Oxford University Press, USA
ISBN: 0199570515
Category : Business & Economics
Languages : en
Pages : 706
Book Description
This Handbook brings together the latest research on applied market design. It surveys matching markets: environments where there is a need to match large two-sided populations to one another, such as law clerks and judges or patients and kidney donors.
Publisher: Oxford University Press, USA
ISBN: 0199570515
Category : Business & Economics
Languages : en
Pages : 706
Book Description
This Handbook brings together the latest research on applied market design. It surveys matching markets: environments where there is a need to match large two-sided populations to one another, such as law clerks and judges or patients and kidney donors.
Market Design
Author: Martin Bichler
Publisher: Cambridge University Press
ISBN: 1316800245
Category : Computers
Languages : en
Pages : 297
Book Description
The digital economy led to many new services where supply is matched with demand for various types of goods and services. More and more people and organizations are now in a position to design market rules that are being implemented in software. The design of markets is challenging as it needs to consider strategic behavior of market participants, psychological factors, and computational problems in order to implement the objectives of a designer. Market models in economics have not lost their importance, but the recent years have led to many new insights and principles for the design of markets, which are beyond traditional economic theory. This book introduces the fundamentals of market design, an engineering field concerned with the design of real-world markets.
Publisher: Cambridge University Press
ISBN: 1316800245
Category : Computers
Languages : en
Pages : 297
Book Description
The digital economy led to many new services where supply is matched with demand for various types of goods and services. More and more people and organizations are now in a position to design market rules that are being implemented in software. The design of markets is challenging as it needs to consider strategic behavior of market participants, psychological factors, and computational problems in order to implement the objectives of a designer. Market models in economics have not lost their importance, but the recent years have led to many new insights and principles for the design of markets, which are beyond traditional economic theory. This book introduces the fundamentals of market design, an engineering field concerned with the design of real-world markets.
Frontiers of Algorithmics
Author: Minming Li
Publisher: Springer Nature
ISBN: 3031393449
Category : Computers
Languages : en
Pages : 312
Book Description
This book constitutes the refereed proceedings of the 17th International Joint Conference on Theoretical Computer Science-Frontier of Algorithmic Wisdom (IJTCS-FAW 2023), consisting of the 17th International Conference on Frontier of Algorithmic Wisdom (FAW) and the 4th International Joint Conference on Theoretical Computer Science (IJTCS), held in Macau, China, during August 14–18, 2023. FAW started as the Frontiers of Algorithmic Workshop in 2007 at Lanzhou, China, and was held annually from 2007 to 2021 and published archival proceedings. IJTCS, the International joint theoretical Computer Science Conference, started in 2020, aimed to bring in presentations covering active topics in selected tracks in theoretical computer science. To accommodate the diversified new research directions in theoretical computer science, FAW and IJTCS joined their forces together to organize an event for information exchange of new findings and work of enduring value in the field. The 21 full papers included in this book were carefully reviewed and selected from 34 submissions. They were organized in topical sections as follows: algorithmic game theory; algorithms and data structures; combinatorial optimization; and computational economics.
Publisher: Springer Nature
ISBN: 3031393449
Category : Computers
Languages : en
Pages : 312
Book Description
This book constitutes the refereed proceedings of the 17th International Joint Conference on Theoretical Computer Science-Frontier of Algorithmic Wisdom (IJTCS-FAW 2023), consisting of the 17th International Conference on Frontier of Algorithmic Wisdom (FAW) and the 4th International Joint Conference on Theoretical Computer Science (IJTCS), held in Macau, China, during August 14–18, 2023. FAW started as the Frontiers of Algorithmic Workshop in 2007 at Lanzhou, China, and was held annually from 2007 to 2021 and published archival proceedings. IJTCS, the International joint theoretical Computer Science Conference, started in 2020, aimed to bring in presentations covering active topics in selected tracks in theoretical computer science. To accommodate the diversified new research directions in theoretical computer science, FAW and IJTCS joined their forces together to organize an event for information exchange of new findings and work of enduring value in the field. The 21 full papers included in this book were carefully reviewed and selected from 34 submissions. They were organized in topical sections as follows: algorithmic game theory; algorithms and data structures; combinatorial optimization; and computational economics.
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.
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.
Wireless Algorithms, Systems, and Applications
Author: Zhe Liu
Publisher: Springer Nature
ISBN: 3030861376
Category : Computers
Languages : en
Pages : 601
Book Description
The three-volume set constitutes the proceedings of the 16th International Conference on Wireless Algorithms, Systems, and Applications, WASA 2021, which was held during June 25-27, 2021, in Nanjing, China.The 103 full and 57 short papers presented in these proceedings were carefully reviewed and selected from 315 submissions. Part III of the set includes the papers of the contributors that took part in the workshops co-located with the conference.The following topics are covered in the volume: network protocols, signal processing, wireless telecommunication systems, routing algorithms, cryptography, local area networks, and others.
Publisher: Springer Nature
ISBN: 3030861376
Category : Computers
Languages : en
Pages : 601
Book Description
The three-volume set constitutes the proceedings of the 16th International Conference on Wireless Algorithms, Systems, and Applications, WASA 2021, which was held during June 25-27, 2021, in Nanjing, China.The 103 full and 57 short papers presented in these proceedings were carefully reviewed and selected from 315 submissions. Part III of the set includes the papers of the contributors that took part in the workshops co-located with the conference.The following topics are covered in the volume: network protocols, signal processing, wireless telecommunication systems, routing algorithms, cryptography, local area networks, and others.
The New Palgrave Dictionary of Economics
Author:
Publisher: Springer
ISBN: 1349588024
Category : Law
Languages : en
Pages : 7493
Book Description
The award-winning The New Palgrave Dictionary of Economics, 2nd edition is now available as a dynamic online resource. Consisting of over 1,900 articles written by leading figures in the field including Nobel prize winners, this is the definitive scholarly reference work for a new generation of economists. Regularly updated! This product is a subscription based product.
Publisher: Springer
ISBN: 1349588024
Category : Law
Languages : en
Pages : 7493
Book Description
The award-winning The New Palgrave Dictionary of Economics, 2nd edition is now available as a dynamic online resource. Consisting of over 1,900 articles written by leading figures in the field including Nobel prize winners, this is the definitive scholarly reference work for a new generation of economists. Regularly updated! This product is a subscription based product.
Telecommunication Network Economics
Author: Patrick Maillé
Publisher: Cambridge University Press
ISBN: 110703275X
Category : Business & Economics
Languages : en
Pages : 303
Book Description
An up-to-date guide to the economic issues in telecommunications, delivering a comprehensive overview from mathematical models to practical applications. Covering hot topics such as app stores, auctions for advertisements, search engine business models, network neutrality and virtual network operators, this resource is ideal for graduate students, researchers and industry practitioners.
Publisher: Cambridge University Press
ISBN: 110703275X
Category : Business & Economics
Languages : en
Pages : 303
Book Description
An up-to-date guide to the economic issues in telecommunications, delivering a comprehensive overview from mathematical models to practical applications. Covering hot topics such as app stores, auctions for advertisements, search engine business models, network neutrality and virtual network operators, this resource is ideal for graduate students, researchers and industry practitioners.