Online And Matching Based Market Design
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Online And Matching Based Market Design
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Author : Federico Echenique
language : en
Publisher: Cambridge University Press
Release Date : 2023-06-22
Online And Matching Based Market Design written by Federico Echenique and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-06-22 with Business & Economics categories.
Written by more than fifty top researchers, this text comprehensively covers a major inter-disciplinary field and its important applications.
Online And Matching Based Market Design
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Author : Federico Echenique
language : en
Publisher: Cambridge University Press
Release Date : 2023-06-22
Online And Matching Based Market Design written by Federico Echenique and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-06-22 with Computers categories.
The rich, multi-faceted and multi-disciplinary field of matching-based market design is an active and important one due to its highly successful applications with economic and sociological impact. Its home is economics, but with intimate connections to algorithm design and operations research. With chapters contributed by over fifty top researchers from all three disciplines, this volume is unique in its breadth and depth, while still being a cohesive and unified picture of the field, suitable for the uninitiated as well as the expert. It explains the dominant ideas from computer science and economics underlying the most important results on market design and introduces the main algorithmic questions and combinatorial structures. Methodologies and applications from both the pre-Internet and post-Internet eras are covered in detail. Key chapters discuss the basic notions of efficiency, fairness and incentives, and the way market design seeks solutions guided by normative criteria borrowed from social choice theory.
Market Design
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Author : Guillaume Haeringer
language : en
Publisher: MIT Press
Release Date : 2018-03-02
Market Design written by Guillaume Haeringer and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-03-02 with Business & Economics categories.
A broad overview of market mechanisms, with an emphasis on the interplay between theory and real-life applications; examples range from eBay auctions to school choice. This book offers an introduction to market design, providing students with a broad overview of issues related to the design and analysis of market mechanisms. It defines a market as a demand and a supply, without specifying a price system or mechanism. This allows the text to analyze a broad set of situations—including such unconventional markets as college admissions and organ donation—and forces readers to pay attention to details that might otherwise be overlooked. Students often complain that microeconomics is too abstract and disconnected from reality; the study of market design shows how theory can help solve existing, real-life problems. The book focuses on the interplay between theory and applications. To keep the text as accessible as possible, special effort has been made to minimize formal description of the models while emphasizing the intuitive, with detailed explanations and resolution of examples. Appendixes offer general reviews of elements of game theory and mechanism design that are related to the themes explored in the book, presenting the basic concepts with as many explanations and illustrations as possible. The book covers topics including the basics of simple auctions; eBay auctions; Vickrey–Clarke–Groves auctions; keyword auctions, with examples from Google and Facebook; spectrum auctions; financial markets, with discussions of treasury auctions and IPOs; trading on the stock market; the basic matching model; medical match; assignment problems; probabilistic assignments; school choice; course allocation, with examples from Harvard and Wharton; and kidney exchange.
Algorithmic Game Theory
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Author : Guido Schäfer
language : en
Publisher: Springer Nature
Release Date : 2024-09-03
Algorithmic Game Theory written by Guido Schäfer and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-09-03 with Computers categories.
This volume constitutes the refereed proceedings of 17th International Symposium on Algorithmic Game Theory, SAGT 2024, held in Amsterdam, The Netherlands, during September 3–6, 2024. The 29 full papers included in this book were carefully reviewed and selected from 84 submissions. They were organized in topical sections as follows: matching; fair division and resource allocation; mechanism design; game theory and repeated games; pricing, revenue, and regulation; matroid theory in game theory; information sharing and decision making; computational complexity and resource allocation.
Sofsem 2025 Theory And Practice Of Computer Science
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Author : Rastislav Královič
language : en
Publisher: Springer Nature
Release Date : 2025-02-06
Sofsem 2025 Theory And Practice Of Computer Science written by Rastislav Královič and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2025-02-06 with Computers categories.
This book constitutes the proceedings of the 50th International Conference on Current Trends in Theory and Practice of Computer Science, SOFSEM 2025, held in Bratislava, Slovak Republic, during January 20-23, 2025. The 48 full papers presented in this book were carefully reviewed and selected from 109 submissions. They include original research from all areas of foundations of computer science and artificial intelligence focusing on AI-based algorithms and techniques, nature-inspired computing, machine learning theory, multi-agent algorithms and games, neural network theory, parallel and distributed computing, quantum computing, computability, decidability, classical and non-classical models of computation, computational complexity, computational learning, cryptographic techniques and security, data compression, data and pattern mining methods, discrete combinatorial optimization, automata, languages, machine models, rewriting systems, efficient data structures, graph structure and algorithms, logics of computation, robotics, and other relevant theory topics in computing and AI.
Market Design
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Author : Martin Bichler
language : en
Publisher: Cambridge University Press
Release Date : 2017-12-21
Market Design written by Martin Bichler and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-12-21 with Computers categories.
The digital economy led to many new services where supply is matched with demand for various types of goods and services. More and more people and organizations are now in a position to design market rules that are being implemented in software. The design of markets is challenging as it needs to consider strategic behavior of market participants, psychological factors, and computational problems in order to implement the objectives of a designer. Market models in economics have not lost their importance, but the recent years have led to many new insights and principles for the design of markets, which are beyond traditional economic theory. This book introduces the fundamentals of market design, an engineering field concerned with the design of real-world markets.
Two Sided Matching
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Author : Alvin E. Roth
language : en
Publisher: Cambridge University Press
Release Date : 1990
Two Sided Matching written by Alvin E. Roth and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with Business & Economics categories.
Two-sided matching provides a model of search processes such as those between firms and workers in labor markets or between buyers and sellers in auctions. This book gives a comprehensive account of recent results concerning the game-theoretic analysis of two-sided matching. The focus of the book is on the stability of outcomes, on the incentives that different rules of organization give to agents, and on the constraints that these incentives impose on the ways such markets can be organized. The results for this wide range of related models and matching situations help clarify which conclusions depend on particular modeling assumptions and market conditions, and which are robust over a wide range of conditions.
Matching Theory
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Author : László Lovász
language : en
Publisher: American Mathematical Soc.
Release Date : 2009
Matching Theory written by László Lovász and has been published by American Mathematical Soc. this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Mathematics categories.
This book surveys matching theory, with an emphasis on connections with other areas of mathematics and on the role matching theory has played, and continues to play, in the development of some of these areas. Besides basic results on the existence of matchings and on the matching structure of graphs, the impact of matching theory is discussed by providing crucial special cases and nontrivial examples on matroid theory, algorithms, and polyhedral combinatorics. The new Appendix outlines how the theory and applications of matching theory have continued to develop since the book was first published in 1986, by launching (among other things) the Markov Chain Monte Carlo method.
Putting Auction Theory To Work
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Author : Paul Milgrom
language : en
Publisher: Cambridge University Press
Release Date : 2004-01-12
Putting Auction Theory To Work written by Paul Milgrom and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-01-12 with Business & Economics categories.
This book provides a comprehensive introduction to modern auction theory and its important new applications. It is written by a leading economic theorist whose suggestions guided the creation of the new spectrum auction designs. Aimed at graduate students and professionals in economics, the book gives the most up-to-date treatments of both traditional theories of 'optimal auctions' and newer theories of multi-unit auctions and package auctions, and shows by example how these theories are used. The analysis explores the limitations of prominent older designs, such as the Vickrey auction design, and evaluates the practical responses to those limitations. It explores the tension between the traditional theory of auctions with a fixed set of bidders, in which the seller seeks to squeeze as much revenue as possible from the fixed set, and the theory of auctions with endogenous entry, in which bidder profits must be respected to encourage participation.
Who Gets What And Why
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Author : Alvin E. Roth
language : en
Publisher: Houghton Mifflin Harcourt
Release Date : 2015
Who Gets What And Why written by Alvin E. Roth and has been published by Houghton Mifflin Harcourt this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with Business & Economics categories.
A Nobel laureate reveals the often surprising rules that govern a vast array of activities -- both mundane and life-changing -- in which money may play little or no role. If you've ever sought a job or hired someone, applied to college or guided your child into a good kindergarten, asked someone out on a date or been asked out, you've participated in a kind of market. Most of the study of economics deals with commodity markets, where the price of a good connects sellers and buyers. But what about other kinds of "goods," like a spot in the Yale freshman class or a position at Google? This is the territory of matching markets, where "sellers" and "buyers" must choose each other, and price isn't the only factor determining who gets what. Alvin E. Roth is one of the world's leading experts on matching markets. He has even designed several of them, including the exchange that places medical students in residencies and the system that increases the number of kidney transplants by better matching donors to patients. In Who Gets What -- And Why, Roth reveals the matching markets hidden around us and shows how to recognize a good match and make smarter, more confident decisions.