Game theoryBidding strategyNash equilibriumFictitious playThe double auction marketplaces usually charge fees to traders to make profits, but little work has been done on analyzing how marketplaces charge appropriate fees to make profits in multiple marketplaces competing environment. In this paper, we...
auction system of emission permits trade in China is analyzed from the aspects of legal protection,technical support,and supervision and management.Chatterton and Samuelson double action model is adopted to determine the market strike price for market clearing.In this auction,a seller and a buyer...
Even though the double auction is not incentive efficient, gains from trade can be realized and the auction can be implemented without knowledge about the specifications of the model. 展开 关键词: Practical, Theoretical or Mathematical/ Bayes methods commerce game theory/ double auctions interdependent...
(2008). Using Evolutionary Game-Theory to Analyse the Performance of Trading Strategies in a Continuous Double Auction Market. In: Tuyls, K., Nowe, A., Guessoum, Z., Kudenko, D. (eds) Adaptive Agents and Multi-Agent Systems III. Adaptation and Multi-Agent Learning. AAMAS ALAMAS ALAM...
allocate these huge and dynamic resources has been an important issue that needs to be solved. Some theories and models in economics are very suitable for the cloud resource allocation problem. Researchers have used the game theory and auction methods to study the cloud resource allocation process....
The paper establishes adouble auctionmodel between generator and regulator based ondouble auctionprinciple of Game Theory with a mathematical description. 文中运用博弈论中的双方叫价拍卖原理,建立了发电商与电网之间的双方叫价拍卖模型,并对其进行了数学描述,推导出了一种合理的发电商竞价策略,该策略可使发电厂...
double auction. We then reduce the competitive double auction problem to basic auctions by showing that any competitive basic auction can be converted into a competitive double auction with a competitive ratio of twice that of the basic auction. In addition, we show that better competitive ratios ...
Flexible double auctions for electronic commerce: theory and implementation We consider a general family of auction mechanisms that admit multiple buyers and sellers, and determine market-clearing prices. We analyze the economic in... PR Wurman,WE Walsh,MP Wellman - Elsevier Science Publishers B. V...
Continuous double auction mechanism and bidding strategies in cloud computing markets. (under review)X. L. Shi, K. Xu, J. C. Liu, and Y. Wang, "Continuous double auc- tion mechanism and bidding strategies in cloud computing mar- kets," Comput. Sci. Game Theory, 2013....
I show that a unique equilibrium exists in an asymmetric two-player all-pay auction with a discrete signal structure, correlated signals, and interdependen... Siegel,Ron - 《Journal of Economic Theory》 被引量: 86发表: 2014年 The Logic of Partial-Risk Aversion: Paradox Lost comparative statics...