Auctions, market mechanisms, and their applications : second International ICST Conference, AMMA 2011, New York, NY, USA, August 22-23, 2011 : revised selected papers / monograph

This Book Constitutes The Thoroughly Refereed Post-conference Proceedings Of The Second International Icst On Auctions, Market Mechanisms And Their Applications (amma 2011) Held In New York, Usa, August 22-23, 2011. The 22 Revised Full Papers Presented Were Carefully Selected From Numerous Submissions Covering Topics Such As School Choice, Markets For Housing, Energy, And Advertising, Prediction Markets, And The Theory Of Market Design. Market User Interface Design -- Evaluating Hidden Market Design -- Expectations: Point-estimates, Probability Distributions, Confidence, And Forecasts -- Instructor Rating Markets. Includes Bibliographical References. Front Matter....Pages - Strategyproofness for “Price Takers” as a Desideratum for Market Design....Pages 1-1 Market User Interface Design....Pages 2-4 Evaluating Hidden Market Design....Pages 5-17 Expectations: Point-Estimates, Probability Distributions, Confidence, and Forecasts....Pages 18-18 Automated Market Makers That Enable New Settings: Extending Constant-Utility Cost Functions....Pages 19-30 Instructor Rating Markets....Pages 31-32 An Experimental Study of Sponsored-Search Auctions....Pages 33-33 Sharing in BitTorrent Can Be Rational....Pages 34-35 Hierarchical Package Bidding: Computational Complexity and Bidder Behavior....Pages 36-37 Efficiency, Auctioneer Revenue, and Bidding Behavior in the Combinatorial Clock Auction....Pages 38-39 A Framework for Automated Bundling and Pricing Using Purchase Data....Pages 40-52 Crowdsourced Bayesian Auctions....Pages 53-53 Approximation of Large Games with Applications to Uniform Price Auctions....Pages 54-54 Side-Communication Yields Efficiency of Ascending Auctions: The Two-Items Case....Pages 55-55 Improving Allocations through Revenue Redistribution in Auctions with Entry....Pages 56-56 Bubbles, Crashes and Efficiency with Double Auction Mechanisms....Pages 57-57 From Boston to Shanghai to Deferred Acceptance: Theory and Experiments on a Family of School Choice Mechanisms....Pages 58-59 Stability and Efficiency in the General-Priority-Based Assignment....Pages 60-61 The Regulated Market for Kidneys in Iran....Pages 62-75 Solids - A Combinatorial Auction for a Housing Corporation....Pages 76-87 A Computational Monetary Market for Plug-In Electric Vehicle Charging....Pages 88-99 An Online Mechanism for Multi-speed Electric Vehicle Charging....Pages 100-112 Back Matter....Pages -