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Title: Designing Auctions: A Historical Perspective, Journal of Telecommunications and Information Technology, 2011, nr 3

Creator:

Karpowicz, Michał

Date:

2011, nr 3

Resource Type:

artykuł

Description:

Auction is a form of organization of competition that leads to the assignment and valuation of resources based on the information obtained from the competing agents. From the perspective of systems science it is a distributed resource allocation algorithm applied in the environment with information asymmetry, i.e., where the interconnected and interacting subsystems have different information about the system as a whole. This paper presents an overview of the historical development of mathematical theory underlying modern approach to auction design. Selected practical applications of the theory are also discussed.

Publisher:

Instytut Łączności - Państwowy Instytut Badawczy, Warszawa

Format:

application/pdf

Resource Identifier:

oai:bc.itl.waw.pl:1190 ; ISSN 1509-4553, on-line: ISSN 1899-8852

DOI:

10.26636/jtit.2011.3.1166

ISSN:

1509-4553

eISSN:

1899-8852

Source:

Journal of Telecommunications and Information Technology

Language:

ang

Rights Management:

Biblioteka Naukowa Instytutu Łączności

Subject and keywords:

auctions mechanism design game theory

Object collections:

Last modified:

Aug 29, 2024

In our library since:

May 16, 2013

Number of object content hits:

86

All available object's versions:

https://bc.itl.waw.pl/publication/1495

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Edition name Date
Karpowicz, Michał, 2011, nr 3, Designing Auctions: A Historical Perspective, Journal of Telecommunications and Information Technology, 2011, nr 3 Aug 29, 2024

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