<--- Back to Details
| First Page | Document Content | |
|---|---|---|
 Date: 2014-05-23 12:27:48Game theory Mechanism design Marketing Auctions Decision theory Auction theory Optimal mechanism Profit VickreyClarkeGroves mechanism VickreyClarkeGroves auction Bitcoin Online advertising |
Add to Reading List |
Speaker: Susan Athey (Stanford) Title: The economics of crypto-currencies Abstract: This presentation takes an early look at the economics of Bitcoin and alternative cryptocurrencies, with a focus on raising open questio
![BNE and Auction Theory Homework 1. For two agents with values U [0, 1] and U [0, 2], respectively: (a) show that the first-price auction is not socially optimal in BNE. (b) give an auction with “pay your bid if you win](https://www.pdfsearch.io/img/26edde5edc3f5ad99d2c4f69417dfd70.jpg "BNE and Auction Theory Homework 1. For two agents with values U [0, 1] and U [0, 2], respectively: (a) show that the first-price auction is not socially optimal in BNE. (b) give an auction with “pay your bid if you win")
