Results 31 to 40 of about 140,383 (208)

A Software Platform for Research on Auction Mechanisms

open access: yesJournal of Telecommunications and Information Technology, 2023
The platform for research on auction mechanisms is a distributed simulation framework providing means to carry out research on resource allocation efficiency mechanisms and user strategies.
Mariusz Kamola   +4 more
doaj   +1 more source

Auctions with Severely Bounded Communication

open access: yes, 2011
We study auctions with severe bounds on the communication allowed: each bidder may only transmit t bits of information to the auctioneer. We consider both welfare- and profit-maximizing auctions under this communication restriction. For both measures, we
Blumrosen, L., Nisan, N., Segal, I.
core   +1 more source

Optimal auction mechanisms with private values [PDF]

open access: yesEkonomski Anali, 2010
This paper reviews equilibrium behavior in different auction mechanisms. We will deal with two types of open auctions, English and Dutch, and two types of sealed-bid auctions, first-price and second-price, when there is a single object for sale and ...
Trifunović Dejan
doaj   +1 more source

PS-TRUST: Provably Secure Solution for Truthful Double Spectrum Auctions [PDF]

open access: yes, 2013
Truthful spectrum auctions have been extensively studied in recent years. Truthfulness makes bidders bid their true valuations, simplifying greatly the analysis of auctions.
Chen, Zhili   +6 more
core   +1 more source

Biased Auctioneers

open access: yesThe Journal of Finance, 2023
ABSTRACTWe construct a neural network algorithm that generates price predictions for art at auction, relying on both visual and nonvisual object characteristics. We find that higher automated valuations relative to auction house presale estimates are associated with substantially higher price‐to‐estimate ratios and lower buy‐in rates, pointing to ...
Aubry, M.   +3 more
openaire   +4 more sources

THE WOOD MARKET IN THE BRAŞOV – COVASNA AREA (I): BEHAVIOR OF FIRMS IN AUCTION [PDF]

open access: yesPro Ligno, 2015
The paper analyses the business behavior of wood felling companies when taking part in wood auctions for timber from protection forests owned by the Romanian state.
Cristina ANTONOAIE   +2 more
doaj  

A Note on Buyers’ Behavior in Auctions with an Outside Option

open access: yesGames, 2020
In this note I show that the equilibrium in cutoff strategies observed in auctions with a buy-it-now price may also arise in markets where objects are sold simultaneously by auctions and posted prices.
Alexander Maslov
doaj   +1 more source

Increasing Competition and the Winner's Curse: Evidence from Procurement [PDF]

open access: yes, 2001
We assess empirically the effects of the winner's curse which, in common-value auctions, counsels more conservative bidding as the number of competitors increases.
Hong, Han, Shum, Matthew
core   +4 more sources

Designing Electricity Auctions [PDF]

open access: yes, 2004
Motivated by the new auction format introduced in the England andWales electric- ity market, as well as the recent debate in California, we characterize bidding behavior and market outcomes in uniform and discriminatory electricity auctions.
Fabra, Natalia   +2 more
core   +2 more sources

Policy Makers’ Perspectives on the Expansion of Renewable Energy Sources in Chile’s Electricity Auctions

open access: yesEnergies, 2019
Chile has become one of the first few countries where renewable sources compete directly with conventional generation in price-based auctions. Moreover, the results of energy auctions during the last few years show a remarkable transition from ...
Shahriyar Nasirov   +3 more
doaj   +1 more source

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