000			02157cam a22002415i 4500
001			138368
003			ISI Library, Kolkata
005			20190401151442.0
008			180417t20182018enk 000 0 eng
020			_a9781107173187 _qhardcover
040			_aISI Library
082	0	4	_a330.0151 _223 _bB583
100	1		_aBichler, Martin, _eauthor
245	1	0	_aMarket design : _ba linear programming approach to auctions and matching / _cMartin Bichler.
260			_aCambridge : _bCambridge University Press, _c2018.
300			_axi, 283 pages : _billustrations ; _c26 cm.
504			_aIncludes bibliographical references and index.
505	0		_a1. Introduction; Part I. Microeconomic Fundamentals: 2. Game-theoretical basics; 3. Mechanism design; 4. Single-object auctions; Part II. Multi-Object Auction Design: 5. An overview of multi-object auctions; 6. The simultaneous multi-round auction format; 7. Sealed-bid multi-object auctions; 8. Open multi-object auctions; 9. The combinatorial clock auction formats; Part III. Approximation and Matching Markets; 10. Approximation mechanisms; 11. Matching markets; 12. Outlook; Part IV. Appendices: Mathematical Optimization; A. Linear optimization; B. Algorithms and complexity.
520			_aThe 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. --
650		0	_aMarkets _xMathematical models.
650		0	_aMicroeconomics.
942			_2ddc _cBK
999			_c427514 _d427514