Essays about: "Vickrey auction"
Showing result 1 - 5 of 6 essays containing the words Vickrey auction.
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1. Spectrum auctions in Sweden : A theoretical study of spectrum auctions in Sweden
University essay from Mälardalens högskola/Akademin för ekonomi, samhälle och teknikAbstract : This paper seeks to find whether the spectrum auctions in Sweden have been conducted efficiently and if there is a de facto model that suits all auctions. The efficiency is conditions that emphasise truthful bidding, price discovery and limits collusive behaviour. READ MORE
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2. Modified second-price auctions in real-time bidding
University essay from Lunds universitet/Nationalekonomiska institutionenAbstract : The surge in revenue from real-time auctions for online display advertisement has spurred great research interest into how to design optimal mechanisms for these auctions, with respect to both buyers and sellers. This thesis focuses on some recent proposals on how to modify the Vickrey auction, which has been dominating the world of real-time auctions for the past decade, in order to better accommodate for the dynamics of this specific auction environment while also increasing the revenue of the seller. READ MORE
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3. Computer Science Optimization Of Reverse auction : Reverse Auction
University essay from Linnéuniversitetet/Institutionen för datavetenskap (DV)Abstract : Many people still confused and misunderstand the differences between auction types: In fact, we have only two major types of auctions which are the forward auction and Reverse auction[22]. In a forward auction a single seller offers an item for sale with many competitive buyers driving the price upward: In a Reverse Auction, a single buyer wants to purchase a service or an item from many sellers, they drive the price downward: There are many differences between these type of auction: Including the progress of the auctions; winner selection criterion and other factors: The Reverse Auction nowadays is one of the most preferred types of online auctions: It gains popularity rapidly because of representing the buyers' side and helps him to drive prices down in contrary with the forward auction or traditional auction. READ MORE
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4. Truthful Incentive Mechanism for Mobile Crowdsensing
University essay from KTH/Skolan för informations- och kommunikationsteknik (ICT)Abstract : Smart devices have become one of the fundamental communication and computing devices in people's everyday lives over the past decade. Their various sensors and wireless connectivity have paved the way for a new application area called mobile crowdsensing where sensing services are provided by using the sensor outputs collected from smart devices. READ MORE
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5. A simulation study of two combinatorial auctions
University essay from Lunds universitet/Nationalekonomiska institutionenAbstract : Combinatorial auctions allow buyers to express preferences over bun- dles of items. The Primal-Dual (PD) auction developed by de Vries et al. (2007) is an efficient ascending combinatorial auction which, given certain conditions on buyers valuations, achieves Vickrey-Clarke-Groves (VCG) payments. READ MORE
