Written by more than fifty top researchers from economics, OR, and algorithm design, this text comprehensively covers a major inter-disciplinary field and its important applications from the basics to state of the art. Key chapters discuss efficiency, fairness and incentives, and market design...

We define a new class of markets, the Eisenberg-Gale markets. This class contains Fisher's linear market, markets from the resource allocation framework of Kelly [Kelly, F.P., 1997. Charging and rate control for elastic traffic. Europ. Transactions Telecommunications 8, 33-37], as well as...