Optimal Reserve Price in Sequential First-Price Auctions with Network Externalities

Please enable javascript in your browser.

Vahdat Azad, Mahdie | 2013

635 Viewed

Type of Document: M.Sc. Thesis
Language: Farsi
Document No: 44937 (02)
University: Sharif University of Technology
Department: Mathematical Sciences
Advisor(s): Ramezanian, Rasoul
Abstract:
The auction models are one of the fundamental issues of economics. So far, the bidders were assumed independent of one another in auction models. In this thesis the bidders are considered as a social network. Bidding of an agent influences bidding behavior of other agents based on the network among them. Considering social network among the buyers, we study seller's optimal strategy
Keywords:
Social Networks ; Network Externalities ; Secuential First-Price Actions ; Optimal Reserve Price

No TOC