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WINE
2007
Springer
124views Economy» more  WINE 2007»
13 years 12 months ago
Cost of Conciseness in Sponsored Search Auctions
We study keyword auctions in a model where each advertiser has a value for every slot, which is not necessarily proportional to the number of clicks the advertiser expects to rece...
Zoë Abrams, Arpita Ghosh, Erik Vee
WINE
2007
Springer
132views Economy» more  WINE 2007»
13 years 12 months ago
Adwords Auctions with Decreasing Valuation Bids
The choice of a bidding language is crucial in auction design in order to correctly capture bidder utilities. We propose a new bidding model for the Adwords auctions of search eng...
Gagan Goel, Aranyak Mehta
WINE
2007
Springer
182views Economy» more  WINE 2007»
13 years 12 months ago
Mechanism Design on Trust Networks
We introduce the concept of a trust network—a decentralized payment infrastructure in which payments are routed as IOUs between trusted entities. The trust network has directed ...
Arpita Ghosh, Mohammad Mahdian, Daniel M. Reeves, ...
WINE
2007
Springer
126views Economy» more  WINE 2007»
13 years 12 months ago
A Theory of Loss-Leaders: Making Money by Pricing Below Cost
We consider the problem of assigning prices to goods of fixed marginal cost in order to maximize revenue in the presence of single-minded customers. We focus in particular on the...
Maria-Florina Balcan, Avrim Blum, T.-H. Hubert Cha...
WINE
2007
Springer
191views Economy» more  WINE 2007»
13 years 12 months ago
The Importance of Network Topology in Local Contribution Games
We consider a model of content contribution in peer-to-peer networks with linear quadratic payoffs and very general interaction patterns. We find that Nash equilibria of this gam...
Jacomo Corbo, Antoni Calvó-Armengol, David ...