3 citations · 4 across the 13 of their papers we have counts for
3 papers · 1 filter
Equilibrium Computation in Multi-Stage Auctions and Contests
Fabian R. Pieroth, Nils Kohring, Martin Bichler
We compute equilibrium strategies in multi-stage games with continuous signal and action spaces as they are widely used in the management sciences and economics. Examples include s…
Revenue in First- and Second-Price Display Advertising Auctions: Understanding Markets with Learning Agents
Martin Bichler, Alok Gupta, Matthias Oberlechner
The transition of display ad exchanges from second-price auctions (SPA) to first-price auctions (FPA) has raised questions about its impact on revenue. Auction theory predicts the…
On the Convergence of Learning Algorithms in Bayesian Auction Games
Martin Bichler, Stephan B. Lunowa, Matthias Oberlechner +2
Equilibrium problems in Bayesian auction games can be described as systems of differential equations. Depending on the model assumptions, these equations might be such that we do n…