Optimality Versus Practicality In Market Design
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Author | : Herbert Dawid |
Publisher | : Springer Science & Business Media |
Total Pages | : 217 |
Release | : 2011-03-23 |
Genre | : Business & Economics |
ISBN | : 3642169430 |
This volume is centered around the issue of market design and resulting market dynamics. The economic crisis of 2007-2009 has once again highlighted the importance of a proper design of market protocols and institutional details for economic dynamics and macroeconomics. Papers in this volume capture institutional details of particular markets, behavioral details of agents' decision making as well as spillovers between markets and effects to the macroeconomy. Computational methods are used to replicate and understand market dynamics emerging from interaction of heterogeneous agents, and to develop models that have predictive power for complex market dynamics. Finally treatments of overlapping generations models and differential games with heterogeneous actors are provided.
Author | : Fabio Sartori Piran |
Publisher | : CRC Press |
Total Pages | : 231 |
Release | : 2020-01-08 |
Genre | : Technology & Engineering |
ISBN | : 1000766195 |
In companies that produce goods and services, productivity and efficiency improvements are a constant challenge. This book reviews the differences between productivity and efficiency. It proposes a new method and makes available a computational tool for implementation that contributes to facilitating the use of Data Envelopment Analysis (DEA). The book presents a discussion about productivity and efficiency, illustrating the potentials of use and conceptual differences. It covers the concepts and techniques for analysis of productivity and efficiency, analyzing critical benefits and limitations, explains in detail how to use DEA for analysis, provides innovative methods for using DEA, offers a free online computer tool with a direction guide, shows real empirical applications, and covers other techniques that can be used to complement the analysis performed. The book is for professionals, managers, consultants, students working and taking courses in productive systems of goods and services. Ancillary materials include a free online computer tool to operationalize the concepts and methods proposed in the book, a guide on how to use the method and the software developed for the DEA application. Solutions manual, instructor’s manual, PowerPoint slides, and figure slides also will be available upon qualified adoption.
Author | : Martin Bichler |
Publisher | : Cambridge University Press |
Total Pages | : 297 |
Release | : 2017-12-21 |
Genre | : Computers |
ISBN | : 1316800245 |
The digital economy led to many new services where supply is matched with demand for various types of goods and services. More and more people and organizations are now in a position to design market rules that are being implemented in software. The design of markets is challenging as it needs to consider strategic behavior of market participants, psychological factors, and computational problems in order to implement the objectives of a designer. Market models in economics have not lost their importance, but the recent years have led to many new insights and principles for the design of markets, which are beyond traditional economic theory. This book introduces the fundamentals of market design, an engineering field concerned with the design of real-world markets.
Author | : |
Publisher | : |
Total Pages | : 552 |
Release | : 1921 |
Genre | : Dentistry |
ISBN | : |
Author | : Federico Echenique |
Publisher | : Cambridge University Press |
Total Pages | : 722 |
Release | : 2023-04-30 |
Genre | : Computers |
ISBN | : 1108935052 |
The rich, multi-faceted and multi-disciplinary field of matching-based market design is an active and important one due to its highly successful applications with economic and sociological impact. Its home is economics, but with intimate connections to algorithm design and operations research. With chapters contributed by over fifty top researchers from all three disciplines, this volume is unique in its breadth and depth, while still being a cohesive and unified picture of the field, suitable for the uninitiated as well as the expert. It explains the dominant ideas from computer science and economics underlying the most important results on market design and introduces the main algorithmic questions and combinatorial structures. Methodologies and applications from both the pre-Internet and post-Internet eras are covered in detail. Key chapters discuss the basic notions of efficiency, fairness and incentives, and the way market design seeks solutions guided by normative criteria borrowed from social choice theory.
Author | : United States. Congress. Senate. Committee on Energy and Natural Resources. Subcommittee on Energy Regulation |
Publisher | : |
Total Pages | : 224 |
Release | : 1979 |
Genre | : Energy conservation |
ISBN | : |
Author | : |
Publisher | : |
Total Pages | : 1054 |
Release | : 1894 |
Genre | : Engineering |
ISBN | : |
Author | : Carlo Carraro |
Publisher | : Springer Science & Business Media |
Total Pages | : 367 |
Release | : 2013-06-29 |
Genre | : Business & Economics |
ISBN | : 9401594848 |
Efficiency and Equity of Climate Change Policy is a comprehensive assessment of the economic effects of climate change policy, addressing the issues with a quantitative modelling approach. The book thus goes beyond the usual statements on the efficiency of economic instruments to identify the way gains and losses are distributed; who gains and who loses. Both the costs and benefits of climate change policies are analyzed. Most papers also provide useful information on the economic features of the Kyoto Protocol, its possible extensions, and the effect of different implementation strategies (such as the debate on emissions trading ceilings). Readership: Scientists and policy makers, students and specialists in climate related industries, members of NGOs, and policy advisors.
Author | : IBP USA |
Publisher | : Lulu.com |
Total Pages | : 269 |
Release | : |
Genre | : |
ISBN | : 143876720X |
Author | : |
Publisher | : Protonique |
Total Pages | : 222 |
Release | : 2024-07-18 |
Genre | : Science |
ISBN | : |
This issue of Scientific Collection «InterConf» contains the materials of the International Scientific and Practical Conference. The conference provides an interdisciplinary forum for researchers, practitioners and scholars to present and discuss the most recent innovations and developments in modern science. The aim of conference is to enable academics, researchers, practitioners and college students to publish their research findings, ideas, developments, and innovations.