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75
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MABS
2007
Springer
15 years 3 months ago
An Agent-Based Model That Relates Investment in Education to Economic Prosperity
We examine the relationship between the investment that a society makes in education in one generation, and the outcome in terms of the health of the society’s economy in ensuing...
Yuqing Tang, Simon Parsons, Elizabeth Sklar
WINE
2007
Springer
124views Economy» more  WINE 2007»
15 years 3 months ago
On the Price of Truthfulness in Path Auctions
We study the frugality ratio of truthful mechanisms in path auctions, which measures the extent to which truthful mechanisms “overpay” compared to non-truthful mechanisms. In p...
Qiqi Yan
WINE
2007
Springer
131views Economy» more  WINE 2007»
15 years 3 months ago
Maintaining Equilibria During Exploration in Sponsored Search Auctions
We introduce an exploration scheme aimed at learning advertiser click-through rates in sponsored search auctions with minimal effect on advertiser incentives. The scheme preserves...
Jennifer Wortman, Yevgeniy Vorobeychik, Lihong Li,...
61
Voted
WINE
2007
Springer
96views Economy» more  WINE 2007»
15 years 3 months ago
PageRank as a Weak Tournament Solution
We observe that ranking systems—a theoretical framework for web page ranking and collaborative filtering introduced by Altman and Tennenholtz—and tournament solutions—a well...
Felix Brandt, Felix A. Fischer
WINE
2007
Springer
161views Economy» more  WINE 2007»
15 years 3 months ago
New Algorithms for Approximate Nash Equilibria in Bimatrix Games
Abstract. We consider the problem of computing additively approximate Nash equilibria in non-cooperative two-player games. We provide a new polynomial time algorithm that achieves ...
Hartwig Bosse, Jaroslaw Byrka, Evangelos Markakis