Spectrum Auctions. (due Tuesday) Peter Cramton.
in Martin Cave, Sumit Majumdar, and Ingo Vogelsang, eds., Handbook of Telecommunications Economics, Amsterdam: Elsevier Science B.V., Chapter 14, 605-639, 2002.
Selling Spectrum Rights.
(Optional for Tuesday) John McMillan.
Journal of Economic Perspectives, 8(3):145-162, 1994. This one doesn't cover the results of the auctions (since it was
written in 1994, before they happened). But it has some
interesting additional details about the design process.
Self-Enforcing
Strategic Demand Reduction. (due Thursday)
Paul S.A. Reitsma, Peter Stone, Ja'nos A. Csirik, and Michael L. Littman.
in Agent-Mediated Electronic Commerce IV. Designing Mechanisms and Systems: AAMAS2002 Workshop on Agent-Mediated Electronic Commerce Bologna, Italy, July 16, 2002. Revised Papers. Pages 289-306.
Section 5.6 of Distributed Rational Decision Making. (Due Tuesday) Tuomas Sandholm.
In the textbook Multiagent Systems: A Modern Introduction to
Distributed Artificial Intelligence, Weiss, G., ed., MIT Press. p. 201-258. Just Section 5.6 on General Equilibrium (and focus on 5.6.1 and 5.6.2): (p. 34-43 in the version linked above)
Chapter 4 of the draft book Autonomous Bidding Agents by Wellman, Greenwald and Stone. (Due Thursday)
Available on UTCS machines from /u/pstone/temp/ch4.pdf. Focus especially on the use of "Competitive Equilibrium Analysis" in Section 4.4
The Market for Evaluations. (due Tuesday)
Christopher Avery, Paul Resnick, Richard Zeckhauser.
American Economic Review 89(3):564-584, 1999 Note: The above link works from UTCS machines, but may not work from an off-campus computer.
From outside UTCS, try this link.
Learning Trust Strategies in Reputation Exchange Networks. (due Thursday)
Fullam, K. and K.S. Barber. (2006)
The Fifth International Joint Conference on Autonomous Agents and Multiagent Systems (AAMAS-2006), Hakodate, Japan, May 8-12, pp. 1241-1248.
Chapter 11 of the draft book Multi Agent Systems by Shoham and Leyton-Brown. (Due Tuesday)
Available on UTCS machines from /u/pstone/temp/shoham-ch11.pdf.
Week 14 (11/28,11/30): Human bidding empirical analysis
Anomalies: The Endowment Effect, Loss Aversion, and Status Quo Bias. (due Tuesday)
Daniel Kahneman, Jack L. Knetsch, and Richard H. Thaler.
The Journal of Economic Perspectives, Vol. 5, No. 1, (Winter, 1991), 193-206. Note: The above link works from UTCS machines, but may not work from an off-campus computer.