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A synthesis of theoretical and practical research on combinatorial auctions from the perspectives of economics, operations research, and computer science.
A synthesis of theoretical and practical research on combinatorial auctions from the perspectives of economics, operations research, and computer science.
This book constitutes the refereed proceedings of the 5th International Workshop on Approximation Algorithms for Combinatorial Optimization Problems, APPROX 2002, held in Rome, Italy in September 2002. The 20 revised full papers presented were carefully reviewed and selected from 54 submissions. Among the topics addressed are design and analysis of approximation algorithms, inapproximability results, online problems, randomization techniques, average-case analysis, approximation classes, scheduling problems, routing and flow problems, coloring and partitioning, cuts and connectivity, packing and covering, geometric problems, network design, and applications to game theory and other fields.
Auction Theory, Second Edition improves upon his 2002 bestseller with a new chapter on package and position auctions as well as end-of-chapter questions and chapter notes. Complete proofs and new material about collusion complement Krishna’s ability to reveal the basic facts of each theory in a style that is clear, concise, and easy to follow. With the addition of a solutions manual and other teaching aids, the 2e continues to serve as the doorway to relevant theory for most students doing empirical work on auctions. Focuses on key auction types and serves as the doorway to relevant theory for those doing empirical work on auctions New chapter on combinatorial auctions and new analyses of theory-informed applications New chapter-ending exercises and problems of varying difficulties support and reinforce key points
This book provides a comprehensive introduction to modern auction theory and its important new applications. It is written by a leading economic theorist whose suggestions guided the creation of the new spectrum auction designs. Aimed at graduate students and professionals in economics, the book gives the most up-to-date treatments of both traditional theories of 'optimal auctions' and newer theories of multi-unit auctions and package auctions, and shows by example how these theories are used. The analysis explores the limitations of prominent older designs, such as the Vickrey auction design, and evaluates the practical responses to those limitations. It explores the tension between the traditional theory of auctions with a fixed set of bidders, in which the seller seeks to squeeze as much revenue as possible from the fixed set, and the theory of auctions with endogenous entry, in which bidder profits must be respected to encourage participation.
Author : Crainic, Teodor Publisher : Montréal : Centre for Research on Transportation = Centre de recherche sur les transports (C.R.T.) Page : 46 pages File Size : 31,42 MB Release : 2002 Category : ISBN :