Combinatorial Auctions

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9780262514132: Combinatorial Auctions

The study of combinatorial auctions -- auctions in which bidders can bid on combinations of items or "packages" -- draws on the disciplines of economics, operations research, and computer science. This landmark collection integrates these three perspectives, offering a state-of-the art survey of developments in combinatorial auction theory and practice by leaders in the field.Combinatorial auctions (CAs), by allowing bidders to express their preferences more fully, can lead to improved economic efficiency and greater auction revenues. However, challenges arise in both design and implementation. Combinatorial Auctions addresses each of these challenges. After describing and analyzing various CA mechanisms, the book addresses bidding languages and questions of efficiency. Possible strategies for solving the computationally intractable problem of how to compute the objective-maximizing allocation (known as the winner determination problem) are considered, as are questions of how to test alternative algorithms. The book discusses five important applications of CAs: spectrum auctions, airport takeoff and landing slots, procurement of freight transportation services, the London bus routes market, and industrial procurement. This unique collection makes recent work in CAs available to a broad audience of researchers and practitioners. The integration of work from the three disciplines underlying CAs, using a common language throughout, serves to advance the field in theory and practice.

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Peter Cramton
Editore: MIT Press Ltd, United States (2010)
ISBN 10: 0262514133 ISBN 13: 9780262514132
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Descrizione libro MIT Press Ltd, United States, 2010. Paperback. Condizione libro: New. 226 x 176 mm. Language: English . Brand New Book. With a foreword by Vernon L. Smith, recipient of the 2002 Nobel Prize in Economics. The study of combinatorial auctions -- auctions in which bidders can bid on combinations of items or packages -- draws on the disciplines of economics, operations research, and computer science. This landmark collection integrates these three perspectives, offering a state-of-the art survey of developments in combinatorial auction theory and practice by leaders in the field. Combinatorial auctions (CAs), by allowing bidders to express their preferences more fully, can lead to improved economic efficiency and greater auction revenues. However, challenges arise in both design and implementation. Combinatorial Auctions addresses each of these challenges. After describing and analyzing various CA mechanisms, the book addresses bidding languages and questions of efficiency. Possible strategies for solving the computationally intractable problem of how to compute the objective-maximizing allocation (known as the winner determination problem) are considered, as are questions of how to test alternative algorithms. The book discusses five important applications of CAs: spectrum auctions, airport takeoff and landing slots, procurement of freight transportation services, the London bus routes market, and industrial procurement. This unique collection makes recent work in CAs available to a broad audience of researchers and practitioners. The integration of work from the three disciplines underlying CAs, using a common language throughout, serves to advance the field in theory and practice. Codice libro della libreria AAZ9780262514132

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Peter Cramton
Editore: MIT Press Ltd, United States (2010)
ISBN 10: 0262514133 ISBN 13: 9780262514132
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Descrizione libro MIT Press Ltd, United States, 2010. Paperback. Condizione libro: New. 226 x 176 mm. Language: English . Brand New Book. With a foreword by Vernon L. Smith, recipient of the 2002 Nobel Prize in Economics. The study of combinatorial auctions -- auctions in which bidders can bid on combinations of items or packages -- draws on the disciplines of economics, operations research, and computer science. This landmark collection integrates these three perspectives, offering a state-of-the art survey of developments in combinatorial auction theory and practice by leaders in the field. Combinatorial auctions (CAs), by allowing bidders to express their preferences more fully, can lead to improved economic efficiency and greater auction revenues. However, challenges arise in both design and implementation. Combinatorial Auctions addresses each of these challenges. After describing and analyzing various CA mechanisms, the book addresses bidding languages and questions of efficiency. Possible strategies for solving the computationally intractable problem of how to compute the objective-maximizing allocation (known as the winner determination problem) are considered, as are questions of how to test alternative algorithms. The book discusses five important applications of CAs: spectrum auctions, airport takeoff and landing slots, procurement of freight transportation services, the London bus routes market, and industrial procurement. This unique collection makes recent work in CAs available to a broad audience of researchers and practitioners. The integration of work from the three disciplines underlying CAs, using a common language throughout, serves to advance the field in theory and practice. Codice libro della libreria AAZ9780262514132

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Editor-Peter Cramton; Editor-Yoav Shoham; Editor-Richard Steinberg; Foreword-Vernon L. Smith
Editore: The MIT Press (2010)
ISBN 10: 0262514133 ISBN 13: 9780262514132
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Descrizione libro The MIT Press, 2010. Paperback. Condizione libro: New. Codice libro della libreria SONG0262514133

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Descrizione libro MIT Press, 2010. PAP. Condizione libro: New. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Codice libro della libreria WM-9780262514132

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Cramton, Peter, Shoham, Yoav, Smith, Vernon L, Steinberg, Richard
Editore: MIT Press Ltd (2010)
ISBN 10: 0262514133 ISBN 13: 9780262514132
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Descrizione libro MIT Press Ltd, 2010. Condizione libro: New. A synthesis of theoretical and practical research on combinatorial auctions from the perspectives of economics, operations research, and computer science. Editor(s): Cramton, Peter; Shoham, Yoav; Steinberg, Richard. Num Pages: 672 pages, 11 illus. BIC Classification: KC; KJT; PBU; UY. Category: (P) Professional & Vocational. Dimension: 228 x 177 x 31. Weight in Grams: 1038. . 2010. Paperback. . . . . . Codice libro della libreria V9780262514132

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Peter Cramton, Yoav Shoham, Richard Steinberg, Vernon L. Smith
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ISBN 10: 0262514133 ISBN 13: 9780262514132
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Descrizione libro MIT Press Ltd. Paperback. Condizione libro: new. BRAND NEW, Combinatorial Auctions, Peter Cramton, Yoav Shoham, Richard Steinberg, Vernon L. Smith, With a foreword by Vernon L. Smith, recipient of the 2002 Nobel Prize in Economics. The study of combinatorial auctions -- auctions in which bidders can bid on combinations of items or "packages" -- draws on the disciplines of economics, operations research, and computer science. This landmark collection integrates these three perspectives, offering a state-of-the art survey of developments in combinatorial auction theory and practice by leaders in the field. Combinatorial auctions (CAs), by allowing bidders to express their preferences more fully, can lead to improved economic efficiency and greater auction revenues. However, challenges arise in both design and implementation. Combinatorial Auctions addresses each of these challenges. After describing and analyzing various CA mechanisms, the book addresses bidding languages and questions of efficiency. Possible strategies for solving the computationally intractable problem of how to compute the objective-maximizing allocation (known as the winner determination problem) are considered, as are questions of how to test alternative algorithms. The book discusses five important applications of CAs: spectrum auctions, airport takeoff and landing slots, procurement of freight transportation services, the London bus routes market, and industrial procurement. This unique collection makes recent work in CAs available to a broad audience of researchers and practitioners. The integration of work from the three disciplines underlying CAs, using a common language throughout, serves to advance the field in theory and practice. Codice libro della libreria B9780262514132

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Cramton, Peter, Shoham, Yoav, Smith, Vernon L, Steinberg, Richard
Editore: MIT Press Ltd
ISBN 10: 0262514133 ISBN 13: 9780262514132
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Descrizione libro MIT Press Ltd. Condizione libro: New. A synthesis of theoretical and practical research on combinatorial auctions from the perspectives of economics, operations research, and computer science. Editor(s): Cramton, Peter; Shoham, Yoav; Steinberg, Richard. Num Pages: 672 pages, 11 illus. BIC Classification: KC; KJT; PBU; UY. Category: (P) Professional & Vocational. Dimension: 228 x 177 x 31. Weight in Grams: 1038. . 2010. Paperback. . . . . Books ship from the US and Ireland. Codice libro della libreria V9780262514132

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Peter Cramton, Yoav Shoham, Richard Steinberg, Vernon L. Smith
ISBN 10: 0262514133 ISBN 13: 9780262514132
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Descrizione libro Paperback. Condizione libro: New. Not Signed; With a foreword by Vernon L. Smith, recipient of the 2002 Nobel Prize in Economics. The study of combinatorial auctions -- auctions in which bidders can bid on combinations of items or packages -- draws on the disciplines of economics, operations research, and computer science. This landmark coll. book. Codice libro della libreria ria9780262514132_rkm

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CRAMTON
ISBN 10: 0262514133 ISBN 13: 9780262514132
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Descrizione libro 2010. Paperback. Condizione libro: NEW. 9780262514132 This listing is a new book, a title currently in-print which we order directly and immediately from the publisher. Codice libro della libreria HTANDREE01142450

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Peter Cramton, Yoav Shoham and Richard Steinberg (Eds.)
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ISBN 10: 0262514133 ISBN 13: 9780262514132
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Descrizione libro MIT Press. Condizione libro: New. Brand New. Codice libro della libreria 0262514133

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