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The Treasury proposes to invest
$700 billion in mortgage-related
securities to resolve the financial
crisis, using market mechato determine prices. A well-designed auction
process can indeed b...
Spectrum Auction Design
Auction Design price
2015/9/18
Spectrum auctions are used by governments to assign and price licenses for
wireless communications. The standard approach is the simultaneous ascending
auction, in which many related lots are auct...
Adverse Selection and Auction Design for Internet Display Advertising
Display Advertising Adverse Selection Auction Design
2015/7/21
We model an online display advertising environment with brand advertisers and betterinformed performance advertisers, and seek an auction mechanism that is strategy-proof, anonymous and insulates bran...