Efficient Auction Games
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Author | : Zhongjing Ma |
Publisher | : Springer Nature |
Total Pages | : 266 |
Release | : 2020-02-13 |
Genre | : Technology & Engineering |
ISBN | : 9811526397 |
This book focuses on the design of efficient & dynamic methods to allocate divisible resources under various auction mechanisms, discussing their applications in power & microgrid systems and the V2G & EV charging coordination problems in smart grids. It describes the design of dynamic methods for single-sided and double-sided auction games and presents a number of simulation cases verifying the performances of the proposed algorithms in terms of efficiency, convergence and computational complexity. Further, it explores the performances of certain auction mechanisms in a hierarchical structure and with large-scale agents, as well as the auction mechanisms for the efficient allocation of multi-type resources. Lastly, it generalizes the main and demonstrates their application in smart grids. This book is a valuable resource for researchers, engineers, and graduate students in the fields of optimization, game theory, auction mechanisms and smart grids interested in designing dynamic auction mechanisms to implement optimal allocation of divisible resources, especially electricity and other types of energy in smart grids.
Author | : Panos M. Pardalos |
Publisher | : Springer Science & Business Media |
Total Pages | : 872 |
Release | : 2008-07-02 |
Genre | : Mathematics |
ISBN | : 0387772472 |
This comprehensive work examines important recent developments and modern applications in the fields of optimization, control, game theory and equilibrium programming. In particular, the concepts of equilibrium and optimality are of immense practical importance affecting decision-making problems regarding policy and strategies, and in understanding and predicting systems in different application domains, ranging from economics and engineering to military applications. The book consists of 29 survey chapters written by distinguished researchers in the above areas.
Author | : Zhu Han |
Publisher | : Cambridge University Press |
Total Pages | : 555 |
Release | : 2012 |
Genre | : Business & Economics |
ISBN | : 0521196965 |
This unified 2001 treatment of game theory focuses on finding state-of-the-art solutions to issues surrounding the next generation of wireless and communications networks. The key results and tools of game theory are covered, as are various real-world technologies and a wide range of techniques for modeling, design and analysis.
Author | : Paul Milgrom |
Publisher | : Cambridge University Press |
Total Pages | : 378 |
Release | : 2004-01-12 |
Genre | : Business & Economics |
ISBN | : 1139449168 |
This book provides a comprehensive introduction to modern auction theory and its important new applications. It is written by a leading economic theorist whose suggestions guided the creation of the new spectrum auction designs. Aimed at graduate students and professionals in economics, the book gives the most up-to-date treatments of both traditional theories of 'optimal auctions' and newer theories of multi-unit auctions and package auctions, and shows by example how these theories are used. The analysis explores the limitations of prominent older designs, such as the Vickrey auction design, and evaluates the practical responses to those limitations. It explores the tension between the traditional theory of auctions with a fixed set of bidders, in which the seller seeks to squeeze as much revenue as possible from the fixed set, and the theory of auctions with endogenous entry, in which bidder profits must be respected to encourage participation.
Author | : Peter C. Cramton |
Publisher | : MIT Press (MA) |
Total Pages | : 678 |
Release | : 2006 |
Genre | : Business & Economics |
ISBN | : |
A synthesis of theoretical and practical research on combinatorial auctions from the perspectives of economics, operations research, and computer science.
Author | : David Easley |
Publisher | : Cambridge University Press |
Total Pages | : 745 |
Release | : 2010-07-19 |
Genre | : Computers |
ISBN | : 1139490303 |
Are all film stars linked to Kevin Bacon? Why do the stock markets rise and fall sharply on the strength of a vague rumour? How does gossip spread so quickly? Are we all related through six degrees of separation? There is a growing awareness of the complex networks that pervade modern society. We see them in the rapid growth of the internet, the ease of global communication, the swift spread of news and information, and in the way epidemics and financial crises develop with startling speed and intensity. This introductory book on the new science of networks takes an interdisciplinary approach, using economics, sociology, computing, information science and applied mathematics to address fundamental questions about the links that connect us, and the ways that our decisions can have consequences for others.
Author | : David Mueller |
Publisher | : Springer |
Total Pages | : 453 |
Release | : 2017-09-21 |
Genre | : Business & Economics |
ISBN | : 331961603X |
This book demonstrates what kind of problems, originating in a management accounting setting, may be solved with game theoretic models. Game theory has experienced growing interest and numerous applications in the field of management accounting. The main focus traditionally has been on the field of non-cooperative behaviour, but the area of cooperative game theory has developed rapidly and has received increasing attention. Intensive research, in combination with the changing culture of publishing, has produced a nearly unmanageable number of publications in the areas concerned. Therefore, one main purpose of this volume is providing an intensive analysis of the intersection of these areas. In addition, the book strengthens the relationship between the theory and the practical applications and it illustrates the two-sided relationship between game theory and management accounting: new game theoretic models offer new fields of applications and these applications raise new questions for the theory.
Author | : Management Association, Information Resources |
Publisher | : IGI Global |
Total Pages | : 515 |
Release | : 2017-06-19 |
Genre | : Mathematics |
ISBN | : 1522525955 |
Developments in the use of game theory have impacted multiple fields and created opportunities for new applications. With the ubiquity of these developments, there is an increase in the overall utilization of this approach. Game Theory: Breakthroughs in Research and Practice contains a compendium of the latest academic material on the usage, strategies, and applications for implementing game theory across a variety of industries and fields. Including innovative studies on economics, military strategy, and political science, this multi-volume book is an ideal source for professionals, practitioners, graduate students, academics, and researchers interested in the applications of game theory.
Author | : Martin Bichler |
Publisher | : Cambridge University Press |
Total Pages | : 935 |
Release | : 2017-10-26 |
Genre | : Business & Economics |
ISBN | : 1107135346 |
An international team of experts covers the pros and cons of different auction formats and lessons learned in the field.
Author | : Y. Narahari |
Publisher | : Springer Science & Business Media |
Total Pages | : 274 |
Release | : 2009-04-03 |
Genre | : Mathematics |
ISBN | : 1848009380 |
This monograph focuses on exploring game theoretic modeling and mechanism design for problem solving in Internet and network economics. For the first time, the main theoretical issues and applications of mechanism design are bound together in a single text.