WINE
2009
Springer
14 years 6 months ago
2009
Springer
We study an economic setting in which a principal motivates a team of strategic agents to exert costly effort toward the success of a joint project. The action taken by each agent...
WINE
2009
Springer
14 years 6 months ago
2009
Springer
Following up on the work of Megiddo and Vazirani [10], who determined continuity properties of equilibrium prices and allocations for perhaps the simplest market model, Fisher’s ...
WINE
2009
Springer
14 years 6 months ago
2009
Springer
It is widely believed that the value of acquiring a slot in a sponsored search list (that comes along with the organic links in a search engine’s result page) highly depends on ...
WINE
2009
Springer
14 years 6 months ago
2009
Springer
In a Stackelberg pricing game a leader aims to set prices on a subset of a given collection of items, such as to maximize her revenue from a follower purchasing a feasible subset o...
WINE
2009
Springer
14 years 6 months ago
2009
Springer
We study the problem of designing prediction markets for random variables with continuous or countably infinite outcomes on the real line. Our interval betting languages allow tra...
WINE
2009
Springer
14 years 6 months ago
2009
Springer
Abstract. We are interested in mechanisms that maximize social welfare. In [2] this problem was studied for multi-unit auctions and for public project problems, and in each case so...
WINE
2009
Springer
14 years 6 months ago
2009
Springer
A potential downside of prediction markets is that they may incentivize agents to take undesirable actions in the real world. For example, a prediction market for whether a terrori...
WINE
2009
Springer
14 years 6 months ago
2009
Springer
WINE
2009
Springer
14 years 6 months ago
2009
Springer
In sponsored search auctions advertisers typically pay a fixed amount per click that their advertisements receive. In particular, the advertiser and the publisher enter into a con...
WINE
2009
Springer
14 years 6 months ago
2009
Springer
Sponsored search auction is used by most search engines to select ads to display on the web page of a search result, according to advertisers’ bidding prices. The income of this ...