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Makespan Minimization via Posted Prices [PDF]
Proceedings of the 2017 ACM Conference on Economics and Computation, 2017 We consider job scheduling settings, with multiple machines, where jobs arrive online and choose a machine selfishly so as to minimize their cost. Our objective is the classic makespan minimization objective, which corresponds to the completion time of ...
M. Feldman, A. Fiat, A. Roytman
semanticscholar +5 more sources
Optimal Posted Prices for Online Cloud Resource Allocation [PDF]
Proceedings of the ACM on Measurement and Analysis of Computing Systems, 2017 We study online resource allocation in a cloud computing platform through posted pricing: The cloud provider publishes a unit price for each resource type, which may vary over time; upon arrival at the cloud system, a cloud user either takes the current ...
Zijun Zhang, Zongpeng Li, Chuan Wu
semanticscholar +5 more sources
Equivalence of Auctions and Posted Prices [PDF]
Games and Economic Behavior, 1999 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
K. Kultti
semanticscholar +8 more sources
Posted prices, search and bargaining [PDF]
Review of Economic Dynamics, 2019 A model of a decentralized market is developed that features search frictions, advertised prices and bargaining. Sellers can post ask prices to attract buyers through a process of directed search, but ex post there is the possibility of negotiation ...
Derek G. Stacey
semanticscholar +4 more sources
Multidimensional bargaining and posted prices
Journal of Economic Theory, 2021 A seller and a buyer bargain over the quantities and prices of multiple goods. Both agents have private information about their preferences. Utility is quasilinear in money. We show that a deterministic mechanism satisfies (i) dominant-strategy incentive compatibility, (ii) ex-post individual rationality and (iii) ex-post budget balance if and only if ...
Martin Hagen, Ángel Hernando-Veciana
semanticscholar +6 more sources
Posted Pricing as a Plus Factor [PDF]
Journal of Competition Law and Economics, 2011 This paper identifies conditions under which an industry-wide practice of posted (or list) pricing is a plus factor sufficient to conclude that firms violated Section 1 of the Sherman Act.
Joseph E. Harrington, Jr.
core +5 more sources
Competition in Posted Prices With Stochastic Discounts [PDF]
The Economic Journal, 2016 We study price competition between firms over public list or posted prices when a fraction of consumers can subsequently receive discounts with some probability. Such stochastic discounts are a feature of markets in which some consumers bargain explicitly and of markets in which sellers use the marketing practice of couponing.
D. Gill +2 more
semanticscholar +5 more sources
Price Formation by Bargaining and Posted Prices [PDF]
Finnish Journal of Business Economics, 1997 We study markets with two types of agents. Sellers have an indivisible good for sale, and their reservation value is zero. Buyers are randomly matched with sellers, and they value the good at unity.
Kultti, K.K.
core +5 more sources
Combinatorial Auctions via Posted Prices [PDF]
Proceedings of the Twenty-Sixth Annual ACM-SIAM Symposium on Discrete Algorithms, 2014 We study anonymous posted price mechanisms for combinatorial auctions in a Bayesian framework. In a posted price mechanism, item prices are posted, then the consumers approach the seller sequentially in an arbitrary order, each purchasing her favorite ...
M. Feldman, N. Gravin, Brendan Lucier
semanticscholar +4 more sources
Annals of Tourism Research Empirical Insights, 2021 The COVID-19 outbreak affects hotels by changing demand and supply. We investigate the case of Milan, the outbreak epicentre in Europe, by studying the hotels' reaction before, during, and after the lockdown.
Anastasia Arabadzhyan +2 more
doaj +1 more source