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cs.GT2019
Bayesian Nash Equilibrium in First-Price Auction with Discrete Value Distributions
Weiran Shen, Zihe Wang, Song Zuo
First price auctions are widely used in government contracts and industrial auctions. In this paper, we consider the Bayesian Nash Equilibrium (BNE) in first price auctions with di…
cs.GT2019★ 1 cited
The Matthew Effect in Computation Contests: High Difficulty May Lead to 51% Dominance
Yulong Zeng, Song Zuo
We study the computation contests where players compete for searching a solution to a given problem with a winner-take-all reward. The search processes are independent across the p…