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Book Using Auctions to Reward Tournament Winners

Download or read book Using Auctions to Reward Tournament Winners written by Richard L. Fullerton and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This article explores theoretical and experimental implications of using auctions to reward winners of research tournaments. This process is a hybrid of the research tournament for a prize and a first-price auction held after the research is complete. The bids in the auction consist of a vector of both quality of the innovation and price. The experimental evidence supports the hypothesis that conducting auctions at the end of research tournaments will generally reduce the sponsor's prize expenditure relative to fixed-prize research tournaments. The potential importance of these results to the U.S. Department of Defense acquisition process is emphasized.

Book Economics of Art Auctions

    Book Details:
  • Author : Gianfranco Mossetto
  • Publisher : FrancoAngeli
  • Release : 2002
  • ISBN : 9788846441645
  • Pages : 260 pages

Download or read book Economics of Art Auctions written by Gianfranco Mossetto and published by FrancoAngeli. This book was released on 2002 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Handbook of Game Theory

Download or read book Handbook of Game Theory written by Petyon Young and published by Elsevier. This book was released on 2014-10-01 with total page 1025 pages. Available in PDF, EPUB and Kindle. Book excerpt: The ability to understand and predict behavior in strategic situations, in which an individual’s success in making choices depends on the choices of others, has been the domain of game theory since the 1950s. Developing the theories at the heart of game theory has resulted in 8 Nobel Prizes and insights that researchers in many fields continue to develop. In Volume 4, top scholars synthesize and analyze mainstream scholarship on games and economic behavior, providing an updated account of developments in game theory since the 2002 publication of Volume 3, which only covers work through the mid 1990s. Focuses on innovation in games and economic behavior Presents coherent summaries of subjects in game theory Makes details about game theory accessible to scholars in fields outside economics

Book Experimental Studies on Partnership Dissolution  R D Investment  and Gift Giving

Download or read book Experimental Studies on Partnership Dissolution R D Investment and Gift Giving written by Nadja Trhal and published by Kölner Wissenschaftsverlag. This book was released on 2009 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book IBSS  Economics  2002 Vol 51

Download or read book IBSS Economics 2002 Vol 51 written by Compiled by the British Library of Political and Economic Science and published by Routledge. This book was released on 2013-05-13 with total page 675 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1952, the International Bibliography of the Social Sciences (anthropology, economics, political science, and sociology) is well established as a major bibliographic reference for students, researchers and librarians in the social sciences worldwide. Key features * Authority: Rigorous standards are applied to make the IBSS the most authoritative selective bibliography ever produced. Articles and books are selected on merit by some of the world's most expert librarians and academics. *Breadth: today the IBSS covers over 2000 journals - more than any other comparable resource. The latest monograph publications are also included. *International Coverage: the IBSS reviews scholarship published in over 30 languages, including publications from Eastern Europe and the developing world. *User friendly organization: all non-English titles are word sections. Extensive author, subject and place name indexes are provided in both English and French. Place your standing order now for the 2003 volumes of the the IBSS Anthropology: 2002 Vol.48 December 2003: 234x156: Hb: 0-415-32634-6: £195.00 Economics: 2002 Vol.51 December 2003: 234x156: Hb: 0-415-32635-4: £195.00 Political Science: 2002 Vol.51 December 2003: 234x156: Hb: 0-415-32636-2: £195.00 Sociology: 2002 Vol.52 December 2003: 234x156: Hb: 0-415-32637-0: £195.00

Book Political Economy of the Environment

Download or read book Political Economy of the Environment written by Simon Dietz and published by Routledge. This book was released on 2011-02-01 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the culmination of several years work by a group of academics, policy-makers and other professionals looking to understand how alternative economic thinking – and indeed thinking from quite different social-scientific disciplines – could enhance the mainstream economic approach to environmental and natural-resource problems. Of the editors, Dietz comes from the mainstream economics tradition, while Michie and Oughton draw explicitly on institutional and evolutionary economics. The various authors represent a range of disciplinary backgrounds and approaches. This book draws on the strengths of each and all of these approaches to analyse environmental issues and what can be done to tackle these through corporate and public policy. The book argues that the need for an inter-disciplinary approach. Two themes which emerge repeatedly throughout the book are the need for an interdisciplinary theory of technological change, and the need for a similarly interdisciplinary approach to the study of human behaviour and how it influences both production and consumption choices. The two themes are of course related. Resolving environmental questions requires an understanding of their nature, of their causes and, to the extent that they are anthropogenic, of how to change human behaviour. These fundamental issues are the focus of the four chapters that form Part 1 of this volume. The remainder of the volume develops them in more detail. .

Book International Bibliography of Economics

Download or read book International Bibliography of Economics written by Compiled by the British Library of Political and Economic Science and published by Psychology Press. This book was released on 2003 with total page 676 pages. Available in PDF, EPUB and Kindle. Book excerpt: IBSS is the essential tool for librarians, university departments, research institutions and any public or private institution whose work requires access to up-to-date and comprehensive knowledge of the social sciences.

Book Tournaments and Auctions

    Book Details:
  • Author : Jennifer Elizabeth Brown
  • Publisher :
  • Release : 2008
  • ISBN :
  • Pages : 248 pages

Download or read book Tournaments and Auctions written by Jennifer Elizabeth Brown and published by . This book was released on 2008 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Army AL T

    Book Details:
  • Author :
  • Publisher :
  • Release : 2001
  • ISBN :
  • Pages : 180 pages

Download or read book Army AL T written by and published by . This book was released on 2001 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Market Structure and Competition Policy

Download or read book Market Structure and Competition Policy written by George Norman and published by Cambridge University Press. This book was released on 2000-11-30 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2000 text applies modern advances in game theory to the analysis of competition policy and develops some of the theoretical and policy concerns associated with the pioneering work of Louis Phlips. Containing contributions by leading scholars from Europe and North America, this book observes a common theme in the relationship between the regulatory regime and market structure. Since the inception of the new industrial organization, economists have developed a better understanding of how real-world markets operate. These results have particular relevance to the design and application of anti-trust policy. Analyses indicate that picking the most competitive framework in the short run may be detrimental to competition and welfare in the long run, concentrating the attention of policy makers on the impact on the long-run market structure. This book provides essential reading for graduate students of industrial and managerial economics as well as researchers and policy makers.

Book Spectrum Auctions and Competition in Telecommunications

Download or read book Spectrum Auctions and Competition in Telecommunications written by Gerhard Illing and published by MIT Press. This book was released on 2003-12-23 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: Leading experts in industrial organization and auction theory examine the recent European telecommunication license auction experience. In 2000 and 2001, several European countries carried out auctions for third generation technologies or universal mobile telephone services (UMTS) communication licenses. These "spectrum auctions" inaugurated yet another era in an industry that has already been transformed by a combination of staggering technological innovation and substantial regulatory change. Because of their spectacular but often puzzling outcomes, these spectrum auctions attracted enormous attention and invited new research on the interplay of auctions, industry dynamics, and regulation. This book collects essays on this topic by leading analysts of telecommunications and the European auction experience, all but one presented at a November 2001 CESifo conference; comments and responses are included as well, to preserve some of the controversy and atmosphere of give-and-take at the conference.The essays show the interconnectedness of two important and productive areas of modern economics, auction theory and industrial organization. Because spectrum auctions are embedded in a dynamic interaction of consumers, firms, legislation, and regulation, a multidimensional approach yields important insights. The first essays discuss strategies of stimulating new competition and the complex interplay of the political process, regulation, and competition. The later essays focus on specific spectrum auctions. Combining the empirical data these auctions provide with recent advances in microeconomic theory, they examine questions of auction design and efficiency and convincingly explain the enormous variation of revenues in different auctions.

Book The Oxford Handbook of the Psychology of Competition

Download or read book The Oxford Handbook of the Psychology of Competition written by Stephen M. Garcia and published by Oxford University Press. This book was released on 2024-01-19 with total page 689 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Oxford Handbook of the Psychology of Competition reviews and organizes the literature on the psychology of competition and brings together leading researchers studying competition across the field of psychology. This volume is a crucial interdisciplinary investigation into the variety of perspectives and approaches to the psychology of competition, facilitating new research and integration in the field.

Book Practical Applications of Agent Based Technology

Download or read book Practical Applications of Agent Based Technology written by Haiping Xu and published by BoD – Books on Demand. This book was released on 2012-03-21 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: Agent-based technology provides a new computing paradigm, where intelligent agents can be used to perform tasks such as sensing, planning, scheduling, reasoning and decision-making. In an agent-based system, software agents with sufficient intelligence and autonomy can either work independently or coordinately with other agents to accomplish tasks and missions. In this book, we provide up-to-date practical applications of agent-based technology in various fields, such as electronic commerce, grid computing, and adaptive virtual environment. The selected applications are invaluable for researchers and practitioners to understand the practical usage of agent-based technology, and also to apply agent-based technology innovatively in different areas.

Book Advances in Natural  Human Made  and Coupled Human Natural Systems Research

Download or read book Advances in Natural Human Made and Coupled Human Natural Systems Research written by Svetlana G. Maximova and published by Springer Nature. This book was released on 2023-03-16 with total page 906 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a collection of cutting-edge and cross-disciplinary studies on natural, human-made, and coupled human-natural systems, addressing the challenge of developing integrated knowledge from multiple disciplines. The authors explore the structure, function, and dynamic mechanisms of various systems, both natural and human-made, as well as analyze their reciprocal interactions under the concept of “coupled human-natural systems.” These interactions are used to understand feedback, nonlinearities, thresholds, time lags, legacy effects, and path dependencies, emerging across multiple spatial, temporal, and organizational scales. In other words, this book is a collection of advanced research on unique properties of natural and human-made systems, as well as human-environment dynamics, reciprocal relationships, and cross-scale interactions. The authors outline prospects on building a holistic view of social development and coherent sustainability. Among the topics covered are the following: human networks research; adaptation of local people to social and environmental challenges; coupled dynamics of socioeconomic and environmental systems; critical issues in social science climate change research; education for greater sustainability; peace, justice, and strong institutions; advances in cultural traditions and strategies for social stability; innovative development and barriers to sustainable development; economic systems in the age of digital changes and unstable external environments. The scholars analyze how more effective technologies can enhance resilience, reduce vulnerability, and minimize human impacts on natural systems, taking into consideration critical thresholds to prevent harmful feedback to human systems. The authors grasp the complexity of systems by integrating knowledge of constituent subsystems and their interactions. The framework developed by the authors is used to integrate human and natural systems for achieving greater sustainability, covering critical threats, challenges, and best governance approaches and practices. The research results obtained from studies on coupled human-natural systems are stronger, the authors argue, if compared with traditional (discipline) approaches.

Book Jersey Bulletin

Download or read book Jersey Bulletin written by and published by . This book was released on 1918 with total page 914 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Jersey Bulletin and Dairy Word

Download or read book Jersey Bulletin and Dairy Word written by and published by . This book was released on 1914 with total page 1312 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Putting Auction Theory to Work

Download or read book Putting Auction Theory to Work written by Paul Milgrom and published by Cambridge University Press. This book was released on 2004-01-12 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive introduction to modern auction theory and its important new applications. It is written by a leading economic theorist whose suggestions guided the creation of the new spectrum auction designs. Aimed at graduate students and professionals in economics, the book gives the most up-to-date treatments of both traditional theories of 'optimal auctions' and newer theories of multi-unit auctions and package auctions, and shows by example how these theories are used. The analysis explores the limitations of prominent older designs, such as the Vickrey auction design, and evaluates the practical responses to those limitations. It explores the tension between the traditional theory of auctions with a fixed set of bidders, in which the seller seeks to squeeze as much revenue as possible from the fixed set, and the theory of auctions with endogenous entry, in which bidder profits must be respected to encourage participation.