I develop a new mechanism for risk allocation and information speculation called a dynamic pari-mutuel market (DPM). A DPM acts as hybrid between a pari-mutuel market and a contin...
We study the problem of how to allocate m identical items among n > m agents, assuming each agent desires exactly one item and has a private value for consuming the item. We as...
Geoffroy de Clippel, Victor Naroditskiy, Amy R. Gr...
We develop a new model to analyse the strategic behaviour of buyers and sellers in market mechanisms. In particular, we wish to understand how the different strategies they adopt ...
Perukrishnen Vytelingum, Dave Cliff, Nicholas R. J...
This paper presents some of the key techniques for reaching agreements in multi-agent environments. It discusses game-theory and economics based techniques: strategic negotiation, ...
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...