4 papers · 1 filter
Decentralized Trading Networks: Equilibria and Fairness
Simon Finster, Paul W. Goldberg, Edwin Lock +1
We explore stability and fairness considerations in decentralized networked markets with bilateral contracts, building on the trading networks framework [Hatfield et al., 2013]. In…
Equitable Auctions
Simon Finster, Patrick Loiseau, Simon Mauras +2
We initiate the study of how auction design affects the division of surplus among buyers. We propose a parsimonious measure for equity and apply it to the family of standard auctio…
Competitive and Revenue-Optimal Pricing with Budgets
Simon Finster, Paul W. Goldberg, Edwin Lock
In markets with budget-constrained buyers, competitive equilibria need not be efficient in the utilitarian sense, or maximise the seller's revenue. We consider a setting with multi…
Selling Multiple Complements with Packaging Costs
Simon Finster
We consider a package assignment problem with multiple units of indivisible items. The seller can specify preferences over partitions of their supply between buyers as packaging co…