Market Design

Market Design

A Linear Programming Approach to Auctions and Matching

Bichler, Martin (Technische Universitat Munchen)

Cambridge University Press

12/2017

292

Dura

Inglês

9781107173187

15 a 20 dias

The digital economy led to many new services where supply is matched with demand. This book introduces the fundamentals of market design, an engineering field at the intersection of computer science, economics, information systems, and operations research concerned with the design of real-world markets.
1. Introduction; Part I. Microeconomic Fundamentals: 2. Game-theoretical basics; 3. Mechanism design; 4. Single-object auctions; Part II. Multi-Object Auction Design: 5. An overview of multi-object auctions; 6. The simultaneous multi-round auction format; 7. Sealed-bid multi-object auctions; 8. Open multi-object auctions; 9. The combinatorial clock auction formats; Part III. Approximation and Matching Markets; 10. Approximation mechanisms; 11. Matching markets; 12. Outlook; Part IV. Appendices: Mathematical Optimization; A. Linear optimization; B. Algorithms and complexity.
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