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» Market equilibrium via the excess demand function
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CONEXT
2008
ACM
13 years 7 months ago
MINT: a Market for INternet Transit
Today's Internet's routing paths are inefficient with respect to both connectivity and the market for interconnection. The former manifests itself via needlessly long pa...
Vytautas Valancius, Nick Feamster, Ramesh Johari, ...
ICALP
2009
Springer
14 years 5 months ago
Proportional Response Dynamics in the Fisher Market
Abstract. In this paper, we show that the proportional response dynamics, a utility based distributed dynamics, converges to the market equilibrium in the Fisher market with consta...
Li Zhang
MANSCI
2007
101views more  MANSCI 2007»
13 years 5 months ago
Strategic Technology Choice and Capacity Investment Under Demand Uncertainty
This paper studies the impact of competition on a firm’s choice of technology (product-flexible or product-dedicated) and capacity investment decisions. Specifically, we mode...
Manu Goyal, Serguei Netessine
SODA
2012
ACM
278views Algorithms» more  SODA 2012»
11 years 7 months ago
Beyond myopic best response (in Cournot competition)
A Nash Equilibrium is a joint strategy profile at which each agent myopically plays a best response to the other agents’ strategies, ignoring the possibility that deviating fro...
Amos Fiat, Elias Koutsoupias, Katrina Ligett, Yish...
SIGECOM
2008
ACM
158views ECommerce» more  SIGECOM 2008»
13 years 5 months ago
Information revelation and random entry in sequential ascending auctions
We examine a model in which multiple buyers with single-unit demand are faced with an infinite sequence of auctions. New buyers arrive on the market probabilistically, and are each...
Maher Said