The issue of software patents is widely discussed in Europe today. The standard economic rationale for patents is to protect potential innovators from imitation, which ultimately ...
Market players that can respond to critical business events faster than their competitors will end up as winners in the fast moving economy. Event-based systems have been develope...
Szabolcs Rozsnyai, Roland Vecera, Josef Schiefer, ...
The electronic market hypothesis (EMH) predicts that by reducing coordination costs, information technology (IT) will shift industrial organization from hierarchical to market-bas...
Nelson F. Granados, Alok Gupta, Robert J. Kauffman
Abstract. The economic implications of network topologies are studied via a monopolist’s model of market networks originally proposed by Phan, et al. (2003). By embedding the mar...
This paper analyzes the entrants to the 2007 TAC Market Design competition. It presents a classification of the entries to the competition, and uses this classification to compare...
Jinzhong Niu, Kai Cai, Simon Parsons, Enrico Gerdi...