Narrow search
Showing 1 - 10 of 250
Cover Image
Bootstrap Markov chain Monte Carlo and optimal solutions for the Law of Categorical Judgment (Corrected)
Kochanski, Greg P; Rosner, Burton S. - 2010
sets simulated for Full Signal Detection Theory and its special cases of standard Signal Detection Theory and Complementary … Signal Detection Theory. …
Persistent link: https://www.econbiz.de/10009441534
Cover Image
Design of Discrete Auction
Sujarittanonta, Pacharasut - 2010
Chapter 1: Efficient Design of an Auction with Discrete Bid Levels This paper studies one of auction design issues: the choice of bid levels. Full efficiency is generally unachievable with a discrete auction. Since there may be more than one bidder who submits the same bid, the auction cannot...
Persistent link: https://www.econbiz.de/10009450772
Cover Image
Risk Preferences Beyond Expected Utility Theory: Theoretical and Experimental Approaches
R?ger, Maximilian - 2011
preferences beyond the classical concept of expected utility theory. The thesis contains four main chapters.The first two chapters … dependence compared to classical models of expected utility theory. It is shown that some empirical puzzles concerning … utility theory are met. It is shown that the methodological concerns are empirically relevant when a classification of …
Persistent link: https://www.econbiz.de/10009482308
Cover Image
Second-Price Proxy Auctions in Bidder-Seller Networks
Ott, Marion - 2009
We analyze a model of Internet auctions. Sellers each offer one item of a heterogeneous good to bidders who have unit-demand preferences. Items are sold in second-price proxy auctions. We derive a perfect Bayesian (epsilon-) equilibrium. Our experimental findings support the theoretical results....
Persistent link: https://www.econbiz.de/10009434632
Cover Image
Coordination in Service Value Networks - A Mechanism Design Approach
Blau, Benjamin Sebastian - 2009
The fundamental paradigm shift from traditional value chains to agile service value networks (SVN) implies new economic and organizational challenges. This work provides an auction-based coordination mechanism that enables the allocation and pricing of service compositions in SVNs. The mechanism...
Persistent link: https://www.econbiz.de/10009434633
Cover Image
First and second Price Independent Values Sealed bid Procurement Auctions: Some Scalar Equilibrium Results
Skitmore, Martin - 2007
A great body of knowledge exists on the theory of auctions and competitive bidding that is of potential relevance to … to the body of knowledge on the economic theory of auctions by closing some of the gap between theory and practice. …
Persistent link: https://www.econbiz.de/10009437646
Cover Image
Evolutionary stability of first price auctions
Louge, Fernando; Riedel, Frank - 2010
This paper studies the evolutionary stability of the unique Nash equilibrium of a first price sealed bid auction. It is shown that the Nash equilibrium is not asymptotically stable under payoff monotonic dynamics for arbitrary initial populations. In contrast, when the initial population...
Persistent link: https://www.econbiz.de/10009452572
Cover Image
Evolutionary learning in auctions
Konrad Richter - 2005
Classical auction theory relies heavily on the assumption of perfectly rational bidders that play according to their …
Persistent link: https://www.econbiz.de/10009428992
Cover Image
Flexible Decision-Making in Sequential Auctions
Cai, Gangshu - 2005
Because sequential auctions have permeated society more than ever, it is desirable for participants to have the optimal strategies beforehand. However, finding closed-form solutions to various sequential auction games is challenging. Current literature provides some answers for specific cases...
Persistent link: https://www.econbiz.de/10009431203
Cover Image
Ein Workshopzuteilungsverfahren als zweistufige Auktion zur Enthüllung privater Präferenzen
Thede, Anke - 2007
Die Arbeit präsentiert ein lineares Optimierungsverfahren, das Teilnehmern einer Workshopveranstaltung Plätze in Workshops zuteilt, basierend auf persönlichen Präferenzen.Diverse Nebenbedingungen werden dabei beachtet. In einer zweiten Stufe wird das Ergebnis weiter verbessert, indem private...
Persistent link: https://www.econbiz.de/10009434566