Applying Evolutionary Search to a Parametric Family of Auction Mechanisms
نویسندگان
چکیده
منابع مشابه
Applying Evolutionary Search to a Parametric Family of Auction Mechanisms
In this paper we describe an evolution-based method for evaluating auction mechanisms, and apply it to a space of mechanisms including the standard firstand second-price sealed bid auctions. We replicate results known already in the Auction Theory literature regarding the suitability of different mechanisms for different bidder environments, and extend the literature by establishing the superio...
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ژورنال
عنوان ژورنال: Australian Journal of Management
سال: 2006
ISSN: 0312-8962,1327-2020
DOI: 10.1177/031289620603100101