Tag: Auctions

Adaptive Bidding in Single-Sided Auctions Under Uncertainty An Agent-based Approach in Market Engineering


Free Download Adaptive Bidding in Single-Sided Auctions Under Uncertainty: An Agent-based Approach in Market Engineering By Clemens van Dinther (auth.)
2007 | 238 Pages | ISBN: 3764380942 | PDF | 2 MB
In the last years electronic markets, especially online auctions, have become very popular and received more and more attention in both, business (B2B) as well as in public practice (B2C and C2C). Science, however, is still far from having studied all phenomena and effects which can be observed on electronic markets. This book shows that and how software agents can be used to simulate bidding behaviour in electronic auctions. The main emphasis of this book is to apply computational economics to market theory. It summarizes the most common and up-to-date agent-based simulation methods and tools and develops the simulation software AMASE. On basis of the introduced methods a model is established to simulate bidding behaviour under uncertainty.The book addresses researchers, computer scientists, economists and students who are interested in applying agent-based computational methods to electronic markets. It helps to learn more about simulations in economics in general and common agent-based methods and tools in particular.

(more…)

Auctions, Market Mechanisms and Their Applications


Free Download Sanmay Das, Michael Ostrovsky, David Pennock, "Auctions, Market Mechanisms and Their Applications"
English | 2009 | pages: 118 | ISBN: 3642038204 | PDF | 1,4 mb
These proceedings present the technical contributions to the First Conference on A- tions, Market Mechanisms, and Their Applications (AMMA), held May 8-9, 2009 in Boston, Massachusetts, USA. The conference was devoted to issues that arise in all stages of deploying a market mechanism to solve a problem, including theoretical and empirical examinations. In addition to more traditional academic papers, the conf- ence placed emphasis on experiences from the real world, including case studies and new applications. The main goal of AMMA was to explore the synergy required for good mechanism design. This includes an understanding of the economic and game-theoretic issues, the ability to design protocols and algorithms for realizing desired outcomes, and the knowledge of specific institutional details that are important in practical applications. We were lucky enough to attract papers and talks from economists and computer scientists, theorists and empiricists, academics and practitioners. The program, as reflected in these proceedings, ranged from fundamental theory on auctions and m- kets to empirical design and analysis of matching mechanisms, peer-to-peer-systems, and prediction markets.

(more…)

The Big Book of Benefit Auctions


Free Download The Big Book of Benefit Auctions By Jay R. Fiske, Corinne A. Fiske(auth.)
2009 | 275 Pages | ISBN: 0470412925 | PDF | 6 MB
The Big Book of Benefit Auctions is the ultimate step-by-step handbook on how to plan and have a successful and effective auction. Auction committees will find it an invaluable reference as it provides all the tools they will need for complete auction planning and management. From setting the goal for the event, to organizing the committee, procuring auction items, building the audience, preparing the catalog and through auction night cashiering (check out) services, everything you will want to know about the auction process is readily at your fingertips in this resource guide. The book will not only contain important "how to" information, it will also explain why some decisions and activities are not only good practices, they are essential to having a well-run and efficient event. Also, the book will discuss important strategies for maximizing revenue at your event, and will cover common pitfalls and how to avoid them.Content: Chapter 1 Pre?Planning Activities (pages 1-13): Chapter 2 Establishing Auction Committees (pages 15-37): Chapter 3 Getting to Work (pages 39-51): Chapter 4 The Five?Year Plan (pages 55-62): Chapter 5 Planning the Details of Your Event (pages 63-76): Chapter 6 Planning Your Silent and Live Auctions (pages 77-82): Chapter 7 Other Auction Activities (pages 83-102): Chapter 8 Procurement (pages 105-120): Chapter 9 Promoting Your Event (pages 121-136): Chapter 10 Event Preparation (pages 137-155): Chapter 11 Preparing for Your Day?of?Event Needs (pages 159-201): Chapter 12 Conducting the Event (pages 203-228): Chapter 13 Post?Event Activities (pages 231-240): Chapter 14 Planning for the Next Event (pages 241-243):

(more…)

Large-scale Privatization via Auctions The case of land in transforming economies


Free Download Large-scale Privatization via Auctions: The case of land in transforming economies By Jocelyn Braun (auth.)
1998 | 172 Pages | ISBN: 3824467771 | PDF | 5 MB
Successful large-scale privatization programs for highly political resources such as land require the consideration not only of economic but also of ethical aspects. On the basis of a game-theoretic framework of analysis, Jocelyn Braun shows that the mechanism of auctioning is an efficient and equitable alternative to many privatization methods that have so far been implemented with disappointing results. The author presents a solution concept and – using Bayesian mechanism design – expands the current theoretical and practice-oriented literature in the light of transformation.

(more…)