We consider the problem of maximizing the revenue from selling a number of goods (or items). In this talk we will focus on approximation results and on the "menu-size" as a measure of auction complexity which affects the revenue. * All the relevant concepts will be introduced in the talk.* The talk is mostly independent of the talk given earlier this year.

Paper 1
Paper 2

2012 Nov 11

Game Theory & Math Economics: Philip J. Reny (University of Chicago) - "Sequential Equilibria of Multi-Stage Games with Infinite Sets of Types and Actions," (joint work with Roger Myerson)

4:00pm to 6:00pm

Location:

Elath Hall, 2nd floor, Feldman Building, Edmond J. Safra Campus

Guided by several key examples, we formulate a definition of essential sequential equilibrium for multi-stage games with infinite type sets and infinite action sets, and we prove its general existence.

Paper

2012 Nov 04

Game Theory & Math Economics: Fuad Aleskerov (National Research University "Higher School of Economics" and Institute of Control Sciences, Moscow) - "Power Distribution: Theory and Applications"

4:00pm to 6:00pm

Location:

Elath Hall, 2nd floor, Feldman Building, Edmond J. Safra Campus

We discuss a new class of indices taking into account agents'preferences to coalesce.An axiomatization of these indices are presented.These indices are used to evaluate power distribution in Russian parliament in new era and in Empire period, in the Reichstag of Weimar Republic, in IMF, in Russian banks.

2012 Oct 28

Game Theory & Math Economics: Sergui Hart - "Much Too Good To Be True: Lotteries and the Complexity of Auctions"

4:00pm to 6:00pm

Location:

Elath Hall, 2nd floor, Feldman Building, Edmond J. Safra Campus

We consider the problem of maximizing the revenue from selling a number of goods to a single buyer. In this talk we will focus on the need for randomization (which arises only when there are multiple goods), and on the "menu-size" as a measure of auction complexity which affects the revenue. (All the relevant concepts will be introduced in the talk.) Read more about Game Theory & Math Economics: Sergui Hart - "Much Too Good To Be True: Lotteries and the Complexity of Auctions"

2018 Oct 02