Results 1 to 10 of about 392 (229)
Sequential auctions and price anomalies [PDF]
Ekonomski Anali, 2014 In sequential auctions objects are sold one by one in separate auctions. These sequential auctions might be organized as sequential first-price, second-price, or English auctions. We will derive equilibrium bidding strategies for these auctions.
Trifunović Dejan
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A Comprehensive Survey on Auction Mechanism Design for Cloud/Edge Resource Management and Pricing
IEEE Access, 2021 Driven by the vision of cloud and edge computing as the 5th utility, a major challenge is the efficient resource management and pricing taking into account incentives and preferences of cloud/edge providers, users, and the system.
Nafiseh Sharghivand +2 more
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Journal of Industrial Engineering and Management, 2022 Purpose: An important issue in decision-making processes is whether groups decide better than individuals. This paper compares the bidding behavior of groups of professionals while playing a business game that simulates, in a controlled environment, the ...
F. Javier Otamendi +1 more
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Multi-unit auctions in the procurement of electricity [PDF]
Ekonomski Anali, 2013 This paper reviews some multi-unit auction mechanisms that are used in the procurement of electricity. In ordinary multi-unit auctions bidders compete to buy several units of the same object from the seller, while in procurement or reverse auctions ...
Trifunović Dejan, Ristić Bojan
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Coasian equilibria in sequential auctions
European Economic Review, 2023 We study stationary equilibria in a sequential auction setting. A seller runs a sequence of standard first-price or second-price auctions to sell an indivisible object to potential buyers. The seller can commit to the rule of the auction and the reserve price of the current period but not to reserve prices of future periods.
Liu, Qingmin +2 more
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An Improved Intelligent Auction Mechanism for Emergency Material Delivery
Mathematics, 2022 Emergency material delivery is vital to disaster emergency rescue. Herein, the framework of the emergency material delivery system (EMDS) with the unmanned aerial vehicle (UAV) as the vehicle is proposed, and the problem is modeled into a multi-trip time-
Jie Zhang +5 more
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Sequential Auctions and Externalities [PDF]
Proceedings of the Twenty-Third Annual ACM-SIAM Symposium on Discrete Algorithms, 2012 In many settings agents participate in multiple different auctions that are not necessarily implemented simultaneously. Future opportunities affect strategic considerations of the players in each auction, introducing externalities. Motivated by this consideration, we study a setting of a market of buyers and sellers, where each seller holds one item ...
Renato Paes Leme +2 more
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Sequentially Optimal Auctions [PDF]
Games and Economic Behavior, 1997 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
R. Preston McAfee, Daniel Vincent
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Sequential Information Disclosure in Auctions [PDF]
SSRN Electronic Journal, 2013 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Dirk Bergemann, Achim Wambach
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Optimal bidding in sequential auctions [PDF]
1974 IEEE Conference on Decision and Control including the 13th Symposium on Adaptive Processes, 1974 A bidder's strategy in one auction may affect his competitors' behavior in subsequent auctions. When this occurs, bidding in a sequence of auctions can be modeled fruitfully as a multistage control process. This paper presents such a model. In it the control is the bidder's strategy, the state characterizes the competitors' behavior and the state ...
Shmuel S. Oren, Michael H. Rothkopf
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