Designing the Perfect Auction.
The article discusses distributed algorithmic mechanism design (DAMD). DAMD sits at the confluence of econometrics and algorithm design, and focuses on developing procedures aimed at achieving some maximal or optimally efficient end. Auctions are a good example. Although many types of auctions exist...
| Publicado en: | Communications of the ACM Vol. 51; no. 8; pp. 9 - 12 |
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| Formato: | Artículo |
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Association for Computing Machinery
Aug2008
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=hlh&AN=33662965&site=ehost-live header: @attributes: shortDbName: hlh uiTerm: 33662965 longDbName: Humanities International Complete uiTag: AN controlInfo: bkinfo: jinfo: jid: 00010782 ACM jtl: Communications of the ACM issn: 00010782 maglogo: N pubinfo: dt: Aug2008 vid: 51 iid: 8 pid: 68 pub: Association for Computing Machinery artinfo: ui: 33662965 10.1145/1378704.1378708 ppf: 9 ppct: 3 formats: tig: atl: Designing the Perfect Auction. aug: au: Varian, Hal R. su: Distributed algorithms Algorithms Econometrics Computer programming Constrained optimization Econometric models Auctions sug: subj: Distributed algorithms Algorithms Econometrics Computer programming Constrained optimization Econometric models Auctions ab: The article discusses distributed algorithmic mechanism design (DAMD). DAMD sits at the confluence of econometrics and algorithm design, and focuses on developing procedures aimed at achieving some maximal or optimally efficient end. Auctions are a good example. Although many types of auctions exist, the goal is generally to select as winner the party willing to pay the highest amount. The author describes the application of DAMD to a simple auction, and further comments on the role of auctions in both the sale of online advertising, and the U.S. government’s distribution of wireless spectrum. pubtype: Periodical doctype: Article src: R language: English refInfo: copyright: @attributes: flag: Y dt: @attributes: year: 2008 holdings: @attributes: islocal: N |
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