The 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 co...

Ausführliche Beschreibung

Bibliographische Detailangaben

1. Verfasser:	Bichler, Martin (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Cambridge Cambridge University Press 2018
Schlagworte:	Markets > Mathematical models Supply and demand Statistical matching Game theory Mikroökonomie Lineare Optimierung Mechanismus-Design-Theorie Lehrbuch
Online-Zugang:	BSB01 UBG01 URL des Erstveröffentlichers
Zusammenfassung:	The 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
Beschreibung:	Title from publisher's bibliographic system (viewed on 05 Jan 2018)
Beschreibung:	1 online resource (xi, 283 pages)
ISBN:	9781316779873
DOI:	10.1017/9781316779873