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Author: Sascha Michael Schweitzer
Publisher: KIT Scientific Publishing
ISBN: 3866449046
Category : Business & Economics
Languages : en
Pages : 212
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Book Description
This book presents two experimental studies that deal with the comparison of multi-item auction designs for two specific applications: the sale of 2.6 GHz radio spectrum rights in Europe, and the sale of emissions permits in Australia. In order to tackle the complexity of these experiments, a cognitively based toolkit is proposed, including modularized video instructions, comprehension tests, a learning platform, a graphical one-screen user interface, and comprehension-based group matching.
Author: Sascha Michael Schweitzer
Publisher: KIT Scientific Publishing
ISBN: 3866449046
Category : Business & Economics
Languages : en
Pages : 212
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Book Description
This book presents two experimental studies that deal with the comparison of multi-item auction designs for two specific applications: the sale of 2.6 GHz radio spectrum rights in Europe, and the sale of emissions permits in Australia. In order to tackle the complexity of these experiments, a cognitively based toolkit is proposed, including modularized video instructions, comprehension tests, a learning platform, a graphical one-screen user interface, and comprehension-based group matching.
Author: Sascha Schweitzer
Publisher:
ISBN:
Category : Auctions
Languages : en
Pages : 0
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Book Description
Author: Alessandro Garcia
Publisher: Springer Science & Business Media
ISBN: 3540087729
Category : Computers
Languages : en
Pages : 299
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Book Description
Nowadays, engineering large-scale software systems means dealing with complex systems composed of pervasive software components that move around and adapt to nondeterministic and open environments, like the Internet, in order to achieve systems design goals through the coordination of autonomously distributed services. The agent metaphor, in particular software agents and multi-agent systems (MAS), constitutes a promising approach for covering most of the software development life cycle, from conceptual modeling and requirements specification to architectural definition, design, and implementation. This book presents 17 carefully reviewed papers arranged in order to provide a coherent survey of how to exploit agent properties and MAS issues in today's software systems. The book offers the following topical sections: - software engineering foundations - requirements engineering and software architecture - coordination and mobility - reuse -dependability -empirical studies and applications
Author: Walter Trockel
Publisher: Springer
ISBN: 3319938096
Category : Business & Economics
Languages : en
Pages : 348
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Book Description
This book contains invited essays in memory of Leonid Hurwicz spanning a large area of economic, social and other sciences where the implementation or enforcement of institutions and rules requires the design of effective mechanisms. The foundations of these articles are set by social choice concepts; game theory; Nash, Bayesian and Walrasian equilibria; complete and incomplete information. Besides in-depth treatments of well-established parts of mechanism and implementation theory, contributions on novel directions deal, for instance, with a quantum approach to game and decision making under uncertainty; digitalization; and the design of block chain for trading. The outstanding competence and reputation of the authors reflect the appreciation of the fundamental contributions and the lasting admiration of the personality and the work of Leonid Hurwicz.
Author: Anup K. Sen
Publisher:
ISBN:
Category :
Languages : en
Pages : 29
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Book Description
When a bid is placed on a package in a combinatorial auction (CA), the bid value must be large enough to ensure that the package remains in contention for inclusion in winning combinations in future. The Deadness Level (DL) of a package can serve as an ask price on a fresh bid that can be meaningfully placed on it. Package DL values in single-unit CAs are readily determined. In recent years, however, interest in multi-unit CAs has grown rapidly. The number of packages can be very large in this case, and bidders need greater guidance in estimating valuations. But the DL value of a package tends to creep upwards unsteadily as more bids are placed, and no closed form expression or computational method has been found for it as yet. Here we present for the first time an exact method for determining package DLs in the multi-unit case, assuming that an OR bidding language is being used. A dynamic programming implementation is described that enables fast incremental computations of ask prices after each bid. Experimental runs on simulated data and live data from a recent U.K. multi-unit spectrum auction show that the memory requirement is not excessive. Thus the proposed method could help to promote bidder participation in online multi-unit eBay-like CAs in the procurement and sale of commodities.
Author: Stefan Mayer
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
Author: Paul Milgrom
Publisher: Cambridge University Press
ISBN: 1139449168
Category : Business & Economics
Languages : en
Pages : 378
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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.
Author: Peter C. Cramton
Publisher: MIT Press (MA)
ISBN:
Category : Business & Economics
Languages : en
Pages : 678
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Book Description
A synthesis of theoretical and practical research on combinatorial auctions from the perspectives of economics, operations research, and computer science.
Author: Mohammad Kaykobad
Publisher: Springer
ISBN: 331930139X
Category : Computers
Languages : en
Pages : 366
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Book Description
This book constitutes the proceedings of the 10th International Workshop on Algorithms and Computation, WALCOM 2016, held in Kathmandu, Nepal, in March 2016. The 27 full papers presented together with 4 invited talks were carefully reviewed and selected from 68 submissions. The papers cover a wide range of topics such as approximation algorithms, computational complexity, computational geometry, data structures, graph algorithms, graph coloring, graph exploration, and online algorithms.
Author: Martin Bichler
Publisher: Cambridge University Press
ISBN: 1107135346
Category : Business & Economics
Languages : en
Pages : 935
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Book Description
An international team of experts covers the pros and cons of different auction formats and lessons learned in the field.
