In the construction industry, the winner's curse occurs when the winning contractor has underestimated the project's true cost. Using a game and auction theory approach, this study aims to analyze - and potentially reduce - industry exposure to the effects of the winner's curse …
Auction theory for modern computer networks
by Wang, Ping, Niyato, Dusit, Han, Zhu, Luong, Nguyen Cong
"In this introductory chapter, we present an overview of the history of auctions. We then present critical issues and challenges of the current and future computer networks. Auctions can be used as elective tools to address the issues and challenges. We discuss motivations and s…
Do you have the tools to address recent challenges and problems in modern computer networks? Discover a unified view of auction theoretic applications and develop auction models, solution concepts, and algorithms with this multidisciplinary review. Devise distributed, dynamic, a…
AUCTION THEORY FOR COMPUTER NETWORKS
Do you have the tools to address recent challenges and problems in modern computer networks? Discover a unified view of auction theoretic applications and develop auction models, solution concepts, and algorithms with this multidisciplinary review. Devise distributed, dynamic, a…
"In this introductory chapter, we present an overview of the history of auctions. We then present critical issues and challenges of the current and future computer networks. Auctions can be used as elective tools to address the issues and challenges. We discuss motivations and s…
Do you have the tools to address recent challenges and problems in modern computer networks? Discover a unified view of auction theoretic applications and develop auction models, solution concepts, and algorithms with this multidisciplinary review. Devise distributed, dynamic, a…
Auction theory for modern computer networks
by Wang, Ping, Niyato, Dusit, Han, Zhu, Luong, Nguyen Cong
"In this introductory chapter, we present an overview of the history of auctions. We then present critical issues and challenges of the current and future computer networks. Auctions can be used as elective tools to address the issues and challenges. We discuss motivations and s…
"In this introductory chapter, we present an overview of the history of auctions. We then present critical issues and challenges of the current and future computer networks. Auctions can be used as elective tools to address the issues and challenges. We discuss motivations and s…
Intro -- Table of Contents -- Preface -- 1. Introduction -- 2. (Near- )Substitutes, Prices, and Stability -- 3. Vickrey Auctions and Substitution -- 4. Deferred-Acceptance Auctions and Near-Substitutes -- 5. Conclusion -- Notes -- References -- Index
Traditional economic theory studies idealized markets in which prices alone can guide efficient allocation, with no need for central organization. Such models build from Adam Smith's famous concept of an invisible hand, which guides markets and renders regulation or interference…
Présentation de l'éditeur : "Traditional economic theory studies idealized markets in which prices alone can guide efficient allocation, with no need for central organization. Such models build from Adam Smith's famous concept of an invisible hand, which guides markets and rende…
Traditional economic theory studies idealized markets in which prices alone can guide efficient allocation, with no need for central organization. Such models build from Adam Smith's famous concept of an invisible hand, which guides markets and renders regulation or interference…