Recent years have witnessed the rapid development of online auctions. Currently, some online auctions, such as eBay, introduce a proxy bidding policy, under which bidders submit their maximum bids and delegate to a proxy agent to automatically outbid other competitors for the top bidder, whereas...

The majority of academic papers on the Internet auction design does not distinguish between the auctioneer and the object owner, whereas nowadays leading Internet auction websites operate primarily as mediators that provide the platforms with no physical possessions of the auction objects. The...

Live-streaming advertising in e-commerce is soaring. Both Amazon and Alibaba have employedthis novel marketing model to engage consumers by sequentially exhibiting differentproducts through live-streaming videos. In this paper we adopt a mechanism design frameworkto model live-streaming...

We examine the impact of consumer search from the perspective of revenue-maximizing optimal auction design. In this two-sided market, advertisers are endowed with privately known qualities, and consumers incur heterogeneous search costs when clicking on advertisements displayed by the search...

We examine a (large) manufacturer's bribery decision (to bribe or not to bribe) arising from a procurement auction under "disparate corruption pressure'' when another (small) manufacturer is known to offer the auctioneer (i.e., the intermediary) a bribe in exchange for the "right of first...

In this paper, we investigate the optimal dynamic auction design for the display advertising industry. Currently, display advertising is sold through two markets side-by-side. In the traditional guaranteed market, the publisher commits to deliver a pre-specified number of impressions within a...