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» Do Auctioneers Pick Optimal Reserve Prices
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MANSCI
2011
13 years 12 days ago
Do Auctioneers Pick Optimal Reserve Prices?
Andrew M. Davis, Elena Katok, Anthony M. Kwasnica
SIGECOM
2011
ACM
215views ECommerce» more  SIGECOM 2011»
12 years 8 months ago
Reserve prices in internet advertising auctions: a field experiment
We present the results of a large field experiment on setting reserve prices in auctions for online advertisements, guided by the theory of optimal auction design suitably adapte...
Michael Ostrovsky, Michael Schwarz
WINE
2005
Springer
147views Economy» more  WINE 2005»
13 years 11 months ago
Optimal Starting Price in Online Auctions
Reserve price auctions are one of hot research topics in the traditional auction theory. Here we study the starting price in an online auction, counterpart of the public reserve pr...
Hai Yu, Shouyang Wang, Chuangyin Dang
SIGECOM
2005
ACM
120views ECommerce» more  SIGECOM 2005»
13 years 11 months ago
Optimal design of English auctions with discrete bid levels
In this paper we consider a common form of the English auction that is widely used in online Internet auctions. This discrete bid auction requires that the bidders may only submit...
Esther David, Alex Rogers, Jeremy Schiff, Sarit Kr...
SIGECOM
2009
ACM
139views ECommerce» more  SIGECOM 2009»
13 years 12 months ago
Simple versus optimal mechanisms
The monopolist’s theory of optimal single-item auctions for agents with independent private values can be summarized by two statements. The first is from Myerson [8]: the optim...
Jason D. Hartline, Tim Roughgarden