This paper provides large-sample Swedish evidence indicating that mandatory cash auctions constitute a relatively e#cient bankruptcy procedure. Cash auctions, which adhere to absolute priority rules, ...
We propose the clock-proxy auction as a practical means for auctioning many related items. A clock auction phase is followed by a last-and-final proxy round. The approach combines the simple and trans...
Abstract
Aimed at the disadvantage of current research of shill bidding with different online auctions types, in this paper, applying decision analysis method and game theory, firstly, we research th...
This paper describes the use of a genetic algorithm (GA) to find parameter-values for trading agents that operate in virtual "e-marketplaces", where the rules of the marketplaces are also under simult...
In Taipei we observed a dual Dutch fish auction, like a conventional Dutch auction with bundling but with the roles of quantity and price reversed, and fish the numeraire rather than money. This paper...
This paper describes the use of a genetic algorithm (GA) to find parameter-values for trading agents that operate in virtual "e-marketplaces", where the rules of the marketplaces are also under simult...
This paper presents the results of a series of experiments in a simulated double-auction stock market. Price formation was observed under various manipulations of asymmetric information and communicat...
This paper presents an agent-based simulation approach to estimate the effects of auction parameters on the auction outcomes, and to find an optimal or, at least, close to an optimal infrastructure. I...