Bokus
Martin Bichler - Market Design, Inbunden

Inbunden, Engelska, 2017

Market Design

A Linear Programming Approach to Auctions and Matching

Av Martin Bichler

1033 kr

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Beskrivning
The digital economy led to many new services where supply is matched with demand for various types of goods and services. More and more people and organizations are now in a position to design market rules that are being implemented in software. The design of markets is challenging as it needs to consider strategic behavior of market participants, psychological factors, and computational problems in order to implement the objectives of a designer. Market models in economics have not lost their importance, but the recent years have led to many new insights and principles for the design of markets, which are beyond traditional economic theory. This book introduces the fundamentals of market design, an engineering field concerned with the design of real-world markets.
Produktinformation
  • Utgivningsdatum: 2017-12-21
  • Mått: 178 x 253 x 20 mm
  • Vikt: 690 g
  • Format: Inbunden
  • Språk: Engelska
  • Antal sidor: 292
  • Förlag: Cambridge University Press
  • ISBN: 9781107173187
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Mer om författaren

Martin Bichler is Professor of Informatics at the Technische Universität München (TUM), and a faculty member at the TUM School of Management. He is best known for his academic work on market design, and he has acted as a consultant for private and public organizations. Projects in which he is involved include the design of auctions for advertising, industrial procurement and logistics, fishery access rights, and spectrum sales. His research addresses algorithmic, game-theoretical, and behavioral questions and has appeared in leading journals in computer science, economics, operations research, and management science. He is currently Editor of Business and Information Systems Engineering and serves on the editorial boards of several academic journals.

Recensioner i media

'For nearly two decades, Martin Bichler has been a world-wide thought leader in the ways to design those markets that resist traditional, over-simplified analyses. In this book, he develops and articulates a unique approach which, informed by economics and mathematical programming, promises to bring both of those disciplines back to their exciting early roots.' Paul R. Milgrom, Shirley and Leonard Ely Professor of Humanities and Sciences, Stanford University

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