Description
Auctions are an important market mechanism that balances the demand and supply of goods and services. Good auction theory allows for the distinction between successful and catastrophic auctions, and the popularity of auctions along with the demands of e-commerce leads to increased interest in developing complex trading models. The book contains a summary of theoretical insights and practical experiences regarding single-object auctions, but the main focus is on multi-object auctions. From the content: Designing auction mechanisms; Analysis of first-price auctions; Analysis of second-price auctions; Types of combinatorial auctions (standard, reverse, double); Bidding languages; Solutions for combinatorial auctions; Iterative auctions; Auctions for public contracts; Auctions in telecommunications networks; Designing auctions for e-commerce, etc.
Information
Author: Fiala Petr, Fiala Petr, Fiala Petr
Language: Czech
Publication date: August 28, 2013
Manufacturer: Professional Publishing s.r.o.
Genres: Specialized and technical literature, Books, Society and politics, Social sciences
Type: Books - paperback
Pages: 180
ISBN/EAN: 9788074310997