We study different mechanisms for the pricing and allocation of capacity to customers with heterogeneous and unknown preferences. The mechanisms we study include posting of prices...
Traditional economic models typically treat private information, or signals, as generated from some underlying state. Recent work has explicated alternative models, where signals ...
In this paper, we introduce an experimental approach to the design, analysis and implementation of market mechanisms based on double auction. We define a formal market model that ...
Abstract. ToolBus allows to connect tools via a software bus. Programming is done using the scripting language Tscript, which is based on the process algebra ACP. In previous work ...
Wan Fokkink, Paul Klint, Bert Lisser, Yaroslav S. ...
Abstract. Combinatorial auctions are an important e-commerce application where bidders can bid on combinations of items. The problem of selecting the best bids that cover all items...