trade gains/ C1290D Systems theory applications in economics and business C1140E Game theory E0210J Statistics E0220 Economics E1540 Systems theory applicationsIn a symmetric independent private values setting a double auction dissolves a partnership efficiently. This well-known result remains valid in...
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 hammer price for market clearing.In this auction,a seller and a buyer ...
Double auction is a complex system for multiple-persons game and its uncertainty. Current research on auctions is mainly based on the probability game theory. In this paper, we propose double auction model based on the fuzzy theory. Define fuzzy sets to represent the auction participants' bidding...
Auction is a type of game that bidders need to strategically select their best bids. It is also one of the many ways to implement the dynamic pricing. Dynamic pricing reflects the real-time supply and demand relationship, one example is the Amazon EC2 spot market. It is desirable for the ...
Cai, K., Niu, J., Parsons, S. (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 Mult...
In this paper, in order to address this problem, we assume that the cloud platform runs a double auction marketplace, where web service is traded as the commodity between multiple service providers and consumers. We then use game theory to analyse the Bayes-Nash equilibrium bidding strategies ...
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...
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...
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...
9 RegisterLog in Sign up with one click: Facebook Twitter Google Share on Facebook double option Double Option Acalland aputrolled into a singleoption contract. A double option gives theholderthe right (but not the obligation) either tobuyor toselltheunderlying assetat thestrike price. That ...