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WINE
2007
Springer
182views Economy» more  WINE 2007»
14 years 5 months ago
Mechanism Design on Trust Networks
We introduce the concept of a trust network—a decentralized payment infrastructure in which payments are routed as IOUs between trusted entities. The trust network has directed ...
Arpita Ghosh, Mohammad Mahdian, Daniel M. Reeves, ...
WINE
2007
Springer
143views Economy» more  WINE 2007»
14 years 5 months ago
Market Equilibrium Using Auctions for a Class of Gross-Substitute Utilities
In addition to useful Economic interpretation, auction based algorithms are generally found to be efficient. In this note, we observe that the auction-based mechanism can also be u...
Rahul Garg, Sanjiv Kapoor
WINE
2007
Springer
140views Economy» more  WINE 2007»
14 years 5 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 fixed distribution can be...
Kuzman Ganchev, Alex Kulesza, Jinsong Tan, Ryan Ga...
WINE
2007
Springer
128views Economy» more  WINE 2007»
14 years 5 months ago
Total Latency in Singleton Congestion Games
Abstract. In this work, we consider singleton congestion games as a special class of (weighted) congestion games where each players' strategy consists only of a single resourc...
Martin Gairing, Florian Schoppmann
WINE
2007
Springer
131views Economy» more  WINE 2007»
14 years 5 months ago
The Wi-Fi Roaming Game
Abstract. We propose an extensive-form game as a model for pricing roaming charges in 802.11 wireless data networks. We specify utility functions for the three agents involved in t...
Mohammad Hossein Falaki
WINE
2007
Springer
150views Economy» more  WINE 2007»
14 years 5 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
301views Economy» more  WINE 2007»
14 years 5 months ago
Information Sharing Communities
Gabrielle Demange
WINE
2007
Springer
191views Economy» more  WINE 2007»
14 years 5 months ago
The Importance of Network Topology in Local Contribution Games
We consider a model of content contribution in peer-to-peer networks with linear quadratic payoffs and very general interaction patterns. We find that Nash equilibria of this gam...
Jacomo Corbo, Antoni Calvó-Armengol, David ...
WINE
2007
Springer
132views Economy» more  WINE 2007»
14 years 5 months ago
A Note on Equilibrium Pricing as Convex Optimization
We study equilibrium computation for exchange markets. We show that the market equilibrium of either of the following two markets:
Lihua Chen, Yinyu Ye, Jiawei Zhang
WINE
2007
Springer
124views Economy» more  WINE 2007»
14 years 5 months ago
On Competitiveness in Uniform Utility Allocation Markets
In this paper, we study competitive markets - a market is competitive if increasing the endowment of any one buyer does not increase the equilibrium utility of any other buyer. In ...
Deeparnab Chakrabarty, Nikhil R. Devanur