Sciweavers

DAGSTUHL
2006
13 years 6 months ago
Payoff levels, loss avoidance, and equilibrium selection in the Stag Hunt: an experimental study
Game theorists typically assume that changing a game's payoff levels--by adding the same constant to, or subtracting it from, all payoffs--should not affect behavior. While t...
Nicholas Feltovich, Atsushi Iwasaki, Sobei H. Oda
DAGSTUHL
2006
13 years 6 months ago
Optimal Bidding Strategies for Simultaneous Vickrey Auctions with Perfect Substitutes
In this paper, we derive optimal bidding strategies for a global bidder who participates in multiple, simultaneous second-price auctions with perfect substitutes. We first conside...
Enrico H. Gerding, Rajdeep K. Dash, David C. K. Yu...
DAGSTUHL
2006
13 years 6 months ago
Nonlinear Transaction Pricing in the Securities Trading Value Chain
Most of the research on transaction costs in the market microstructure literature focuses on implicit transaction costs. Research on the design of price schedules for explicit tra...
Matthias Burghardt
DAGSTUHL
2006
13 years 6 months ago
On Comparison of Mechanisms of Economic and Social Exchanges: The Times Model
Abstract. An e-market system is a concrete implementation of a market institution; it embeds one or more exchange mechanisms. E-market systems are also information systems which ar...
Gregory E. Kersten, Eva Chen, Dirk Neumann, Rustam...
DAGSTUHL
2006
13 years 6 months ago
Prediction Markets: How Do Incentive Schemes Affect Prediction Accuracy?
The results of recent studies on prediction markets are encouraging. Prior experience demonstrates that markets with different incentive schemes predicted uncertain future events ...
Stefan Luckner
DAGSTUHL
2006
13 years 6 months ago
On the Design of Simple Multi-unit Online Auctions
Thomas Kittsteiner, Axel Ockenfels
DAGSTUHL
2006
13 years 6 months ago
Sellers Competing for Buyers in Online Markets
We consider competition between sellers offering similar items in concurrent online auctions, where each seller must set its individual auction parameters (such as the reserve pric...
Enrico H. Gerding, Alex Rogers, Rajdeep K. Dash, N...
DAGSTUHL
2006
13 years 6 months ago
Negotiation or Auction? The NorA project
Eva Chen, Bo Yu, Klaus Kolitz
DAGSTUHL
2006
13 years 6 months ago
Decentralization and Mechanism Design for Online Machine Scheduling
We study the online version of the classical parallel machine scheduling problem to minimize the total weighted completion time from a new perspective: We assume that the data of ...
Birgit Heydenreich, Rudolf Müller, Marc Uetz
DAGSTUHL
2006
13 years 6 months ago
Negotiation Fever: Loss Aversion in Multi-Issue Negotiations
Negotiating parties oftentimes do not reach mutually beneficial agreements. A considerable body of research on negotiation analysis compiled a set of so called common biases in ne...
Henner Gimpel