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On November 8, 1996, various Environmental Protection Agency (EPA) officials, scholars and industry representatives gathered at Resources for the Future (RFF) to examine the EPA's method for classifying private SO2 allowance transactions by the Allowance Tracking System (ATS). The one-day...
Persistent link: https://www.econbiz.de/10009445421
evolutionary learning in repeated auctions - bidders' strategies are influenced by the outcome of the past rounds in the game … outcome of learning in auctions. On the other hand it uses computational simulation. The simulation is first checked against …. The main result of the Thesis is the instability of the NE in first price auctions, third and higher price auctions and …
Persistent link: https://www.econbiz.de/10009428992
In this dissertation, I explore bidders’ behavior in multiple auctions which are conducted sequentially or … auctions and show that the wildly-used assumption of proxy bidding is inappropriate in the multiple auction setting. The first … auctions are more likely to win and have higher payoffs than proxy bidders. The third essay studies the procurement auctions in …
Persistent link: https://www.econbiz.de/10009429272
Many auction mechanisms, including first and second price ascending and sealed bid auctions, have been proposed and … analyzed in the economics literature. We compare the usefulness of different mechanisms for on-line auctions, focusing on the … the trust properties of the auction. Different auction formats prove to be attractive for agent mediated on-line auctions …
Persistent link: https://www.econbiz.de/10009431920
-stage games, sequential equilibrium, trembling-hand perfection, stability, signaling games, theory of auctions, global games …
Persistent link: https://www.econbiz.de/10009432546
In a large class of multi-unit auctions of identical objects that includes the uniform-price, as-bid (or discriminatory …), and Vickrey auctions, a Bayesian Nash equilibrium exists in monotone pure strategies whenever there is a finite price … condition, non-decreasing differences in own bid and type, is satisfied in this class of auctions given (a) independent types …
Persistent link: https://www.econbiz.de/10009432809
auctions. Theoretical and empirical work are integrated in each area. From the course home page: Course Description The course …
Persistent link: https://www.econbiz.de/10009433257
In verteilten Rechensystemen (bspw. im Cluster und Grid Computing) kann eine Knappheit der zur Verfügung stehenden Ressourcen auftreten. Hier haben Marktmechanismen das Potenzial, Ressourcenbedarf und -angebot durch geeignete Anreizmechanismen zu koordinieren und somit die ökonomische...
Persistent link: https://www.econbiz.de/10009434657
Several major websites offer hybrid auctions that allow advertisers tobid on a per-impression or a per-click basis. We … auctions, and (c) should consider advertisers'strategic incentives when forming click-through rate expectations inhybrid …
Persistent link: https://www.econbiz.de/10009435135
With the emergence of the Internet as a global structure for communication and interaction,many “business to consumer” and “business to business” applications have migrated online,thus increasing the need for software agents that can act on behalf of people, institutions orcompanies with...
Persistent link: https://www.econbiz.de/10009455276