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algorithms and microeconomics, it is proposed a Resource allocation method called a genetic-auction based algorithm [GAAB]. This … algorithm contains two modules, auction module and genetic approach. Auction module find outs resource-trading price between …
Persistent link: https://www.econbiz.de/10012045065
NegotiAuction, a computer system which combines aspects of auctions and negotiations, is expected to overcome limitations in online reverse auctions and multi-attribute online reverse auctions. However, no studies have been conducted to investigate its possible adoption. This study has drawn on...
Persistent link: https://www.econbiz.de/10012047498
made non-hypothetical discrete choices between five goods. Despite the fact that the choice task and auction mechanisms are … incentive compatible, we find that auction bids were significantly lower, as much as two times lower in many cases, than … valuations implied from choices. We also find that auction data imply own-price elasticities of demand for higher quality …
Persistent link: https://www.econbiz.de/10014587456
Consider a situation in which a principal commits to a mechanism first and then agents choose unobservable actions before their payoff-relevant types are realized. The agents' actions may affect not only their payoffs directly but also the distribution of their types as well. This paper extends...
Persistent link: https://www.econbiz.de/10014589148
. Further, we challenge the recommendation that it is profitable for eBay sellers to let their auction end in the evening, when …
Persistent link: https://www.econbiz.de/10014609189
Abstract In this paper we propose a model where consumer personal data have multidimensional characteristics, and are used by platforms to offer ad slots with better targeting possibilities to a market of differentiated advertisers through real-time auctions. A platform controls the amount of...
Persistent link: https://www.econbiz.de/10014618904
price auctions, and the random nth price auction. In particular, we draw attention to the shapes of the payoff functions and …
Persistent link: https://www.econbiz.de/10014619494
Theorie zu erwartende Umverteilungseffekte zu Gunsten des Auktionators. Persistente Preisunterschiede zwischen Auktion und …
Persistent link: https://www.econbiz.de/10014630865
‐Barton, spanning 1981–90, which came up for auction at Christie's, South Kensington, during the early part of 1994. The vintage ratings …
Persistent link: https://www.econbiz.de/10014815462
A family of ascending package auction models is introduced in which bidders may determine their own packages on which … to bid. In the proxy auction (revelation game) versions, the outcome is a point in the core of the exchange economy for … equilibrium and the outcome coincides with the Vickrey auction outcome. Even when goods are not substitutes, ascending proxy …
Persistent link: https://www.econbiz.de/10014588982