• Sign In / Register
  • Help
  • Basket0
Combinatorial Auctions - MIT Press (Paperback)
  • Combinatorial Auctions - MIT Press (Paperback)
zoom

Combinatorial Auctions - MIT Press (Paperback)

(editor), (editor), (editor), (foreword)
£27.00
Paperback 672 Pages / Published: 22/01/2010
  • We can order this

Usually despatched within 1 week

  • This item has been added to your basket
A synthesis of theoretical and practical research on combinatorial auctions from the perspectives of economics, operations research, and computer science. With a foreword by Vernon L. Smith, recipient of the 2002 Nobel Prize in Economics. The study of combinatorial auctions-auctions in which bidders can bid on combinations of items or "packages"-draws on the disciplines of economics, operations research, and computer science. This landmark collection integrates these three perspectives, offering a state-of-the art survey of developments in combinatorial auction theory and practice by leaders in the field. Combinatorial auctions (CAs), by allowing bidders to express their preferences more fully, can lead to improved economic efficiency and greater auction revenues. However, challenges arise in both design and implementation. Combinatorial Auctions addresses each of these challenges. After describing and analyzing various CA mechanisms, the book addresses bidding languages and questions of efficiency. Possible strategies for solving the computationally intractable problem of how to compute the objective-maximizing allocation (known as the winner determination problem) are considered, as are questions of how to test alternative algorithms. The book discusses five important applications of CAs: spectrum auctions, airport takeoff and landing slots, procurement of freight transportation services, the London bus routes market, and industrial procurement. This unique collection makes recent work in CAs available to a broad audience of researchers and practitioners. The integration of work from the three disciplines underlying CAs, using a common language throughout, serves to advance the field in theory and practice.

Publisher: MIT Press Ltd
ISBN: 9780262514132
Number of pages: 672
Weight: 1043 g
Dimensions: 229 x 178 x 29 mm


MEDIA REVIEWS
This book is indispensable for all researchers and practitioners that want to get introduced to the world of combinatorial auctions. -Operations Research Letters

You may also be interested in...

Company Law in Context
Added to basket
The Challenger Sale
Added to basket
The E-Myth Revisited
Added to basket
The Obstacle is the Way
Added to basket
How To Deal With Difficult People
Added to basket
The Virgin Way
Added to basket
Barbarians At The Gate
Added to basket
Business Adventures
Added to basket
£10.99
Paperback
The Personal MBA
Added to basket
£12.99
Paperback
The Smartest Guys in the Room
Added to basket
The Code Book
Added to basket
£10.99
Paperback
Start It Up
Added to basket
£9.99
Paperback
How to Build a Billion Dollar App
Added to basket
Getting To Yes
Added to basket
£9.99
Paperback

Reviews

Please sign in to write a review

Your review has been submitted successfully.