We address the problem of lowering the buyer’s expected payments in shortest path auctions, where the buyer’s goal is to purchase a path in a graph in which edges are owned by...
The "ZIP" adaptive trading algorithm has been demonstrated to outperform human traders in experimental studies of continuous double auction (CDA) markets. The original Z...
This paper investigates the strategic decisions of online vendors for offering different mechanism, such as sampling and online reviews of information products, to increase their ...
Since entities participating in P2P networks are usually autonomous and therefore free to decide on their level of participation, mechanisms to resolve conflicts between individu...
This paper examines a generalization of a two-stage game common on eBay: an ascending-price auction followed by price discrimination (the second chance offer). High bids in the a...