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WINE
2007
Springer
166views Economy» more  WINE 2007»
14 years 1 months ago
Gradient-Based Algorithms for Finding Nash Equilibria in Extensive Form Games
We present a computational approach to the saddle-point formulation for the Nash equilibria of two-person, zero-sum sequential games of imperfect information. The algorithm is a ï¬...
Andrew Gilpin, Samid Hoda, Javier Peña, Tuo...
WINE
2007
Springer
150views Economy» more  WINE 2007»
14 years 1 months ago
Maximizing Revenue in Sequential Auctions
We study sequential auctions for private value objects and unit-demand bidders using second-price sealed-bid rules. We analyze this scenario from the seller’s perspective and con...
Edith Elkind, S. Shaheen Fatima
WINE
2007
Springer
122views Economy» more  WINE 2007»
14 years 1 months ago
Continuity Properties of Equilibrium Prices and Allocations in Linear Fisher Markets
Abstract. Continuity of the mapping from initial endowments and utilities to equilibria is an essential property for a desirable model of an economy – without continuity, small e...
Nimrod Megiddo, Vijay V. Vazirani
WINE
2007
Springer
131views Economy» more  WINE 2007»
14 years 1 months ago
Maintaining Equilibria During Exploration in Sponsored Search Auctions
We introduce an exploration scheme aimed at learning advertiser click-through rates in sponsored search auctions with minimal effect on advertiser incentives. The scheme preserves...
Jennifer Wortman, Yevgeniy Vorobeychik, Lihong Li,...
WINE
2007
Springer
140views Economy» more  WINE 2007»
14 years 1 months ago
Empirical Price Modeling for Sponsored Search
We present a characterization of empirical price data from sponsored search auctions. We show that simple models drawing bid values independently from a ï¬xed distribution can be...
Kuzman Ganchev, Alex Kulesza, Jinsong Tan, Ryan Ga...