Sentence examples for efficient auction from inspiring English sources

The efficient auction is designed to induce truthful bidding for bidders with affiliated values.

The results underline the sensitivity of efficient auction design to downstream market structures.

The set of feasible transactions is characterized by a network and an efficient auction protocol sets prices.

Both market designs have desirable economic properties in their one-shot version, i.e., an efficient auction outcome and competitive prices.

The second approach is based on implicit agents' coordination using a more refined and efficient auction mechanism.

We show that the second-price auction minimizes revenue among all efficient auction mechanisms in which only the winner pays, and the price only depends on the losers' bids.

The latter element ensures that efficient auctions are feasible.

We derive the symmetric revenue maximizing and constrained efficient auctions in this setting.

They have been used in the modeling of negotiations and taxation, voting and elections, pricing of stock options and even in the government's design of efficient auctions for communications bandwidth.

Any efficient spectrum auction system must consider demand and spectrum availability in local regions to maximize system-wide revenue and spectrum utilization.

Other critics claim that, rather than housing middle-income people in luxury buildings, it would be more efficient to auction off all of the development rights to up-zoned lots, and use the proceeds to build or subsidize cheaper housing elsewhere.