搜索结果: 16-30 共查到“应用经济学 Auctions”相关记录35条 . 查询时间(0.03 秒)
We perform laboratory experiments comparing auctions with endogenous budget constraints. A
principal imposes a budget limit on a bidder (an agent) in response to a principal-agent problem.
In cont...
Optimal Incentives in Core-Selecting Auctions
core stable matching marriage problem auctions core-selecting auctions menu auctions proxy auctions package bidding combinatorial bidding incentives truncation strategies
2015/7/21
Auctions that select core allocations with respect to reported values generate competitive levels of sales revenues at equilibrium and limit bidder incentives to use shills. Among core-selecting aucti...
Simplified mechanisms with an application to sponsored-search auctions
Sponsored search Generalized second-price auctions Mechanism design
2015/7/21
A mechanism can be simplified by restricting its message space. If the restricted message spaces satisfy a certain “outcome closure property,” then the simplification is “tight”: for every ε 0, any ...
The Effciency of Real-World Bargaining: Evidence from Wholesale Used-Auto Auctions
Bargaining incomplete information Myerson-Satterthwaite Theorem
2015/7/21
This study quanties the eciency of a real-world bargaining game with two-sided incomplete information. Myerson and Satterthwaite (1983) and Williams (1987) derived the theoretical ecient frontier
...
Substitute goods,auctions,and equilibrium
Gross substitutes Tatonnement Pseudo-equilibrium Law of aggregate demand
2015/7/21
This paper identifies two notions of substitutes for auction and equilibrium analysis. Weak substitutes,the usual price-theory notion, guarantees monotonicity of tatonnement processes and convergence ...
Core-selecting package auctions
Core Stable matching Marriage problem Auctions Core-selecting auctions Menu auctions Proxy auctions Package bidding Combinatorial bidding Incentives Truncation strategies
2015/7/21
Auctions that select core allocations with respect to reported values generate competitive levels of sales revenues at equilibrium and limit bidder incentives to use shills. Among core-selecting aucti...
Package Auctions and Package Exchanges
Combinatorial bidding package auction stable match core
2015/7/21
We report recent advances concerning the package allocation problem, in which traders seek to buy or sell combinations of goods. The problems are most difficult when some goods are not substitutes. In...
Ascending Proxy Auctions
Ascending Proxy Auctions
2015/7/21
Theoretical treatments of auctions usually analyze situations in which there is some particular item to be bought or sold and the question is what auction format to use. In real auctions, however, the...
The Vickrey and ascending package auctions are found to have identical equilibrium performance in the case where goods are substitutes. In the remaining cases, the Vickrey auction retains its incentiv...
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...
Combination Bidding in Spectrum Auctions.
This paper was written in early 1982. On the basis of results from previous research, we had informally conjectured that sequential auctions of the types treated here would yield upward-drifting price...
Game Theory and the Spectrum Auctions.
Auctions and Bidding:A Primer
Auctions Bidding A Primer
2015/7/21
Auctions and Bidding: A Primer.
Sales Mechanisms in Online Markets: What Happened to Internet Auctions?
Mechanisms Internet Auctions
2015/7/17
Consumer auctions were very popular in the early days of internet
commerce, but today online sellers mostly use posted prices. Data from eBay
shows that compositional shifts in the items being sold,...