Matches in DBpedia 2014 for { <http://dbpedia.org/resource/Vickrey_auction> ?p ?o. }
Showing items 1 to 35 of
35
with 100 items per page.
- Vickrey_auction abstract "A Vickrey auction is a type of sealed-bid auction. Bidders submit written bids without knowing the bid of the other people in the auction. The highest bidder wins but the price paid is the second-highest bid. The auction was first described academically by Columbia University professor William Vickrey in 1961 though it had been used by stamp collectors since 1893. This type of auction is strategically similar to an English auction and gives bidders an incentive to bid their true value. Vickrey's original paper mainly considered auctions where only a single, indivisible good is being sold. The terms Vickrey auction and second-price sealed-bid auction are, in this case only, equivalent and used interchangeably. When either a divisible good or multiple identical goods are sold in a single auction, however, these terms are used differently. Vickrey auctions are much studied in economic literature but uncommon in practice. eBay's system of proxy bidding is similar. A slightly generalized variant of a Vickrey auction, named generalized second-price auction, is used in Google's and Yahoo!'s online advertisement programmes. NYU Law School uses an iterated version of the Vickrey auction model for its course registration lottery.[citation needed]".
- Vickrey_auction wikiPageExternalLink vickrey+auction.
- Vickrey_auction wikiPageID "1066843".
- Vickrey_auction wikiPageRevisionID "594424816".
- Vickrey_auction hasPhotoCollection Vickrey_auction.
- Vickrey_auction subject Category:Auction_theory.
- Vickrey_auction subject Category:Auctioneering.
- Vickrey_auction subject Category:Graph_theory.
- Vickrey_auction subject Category:Networks.
- Vickrey_auction type Abstraction100002137.
- Vickrey_auction type Group100031264.
- Vickrey_auction type Network108434259.
- Vickrey_auction type Networks.
- Vickrey_auction type System108435388.
- Vickrey_auction comment "A Vickrey auction is a type of sealed-bid auction. Bidders submit written bids without knowing the bid of the other people in the auction. The highest bidder wins but the price paid is the second-highest bid. The auction was first described academically by Columbia University professor William Vickrey in 1961 though it had been used by stamp collectors since 1893. This type of auction is strategically similar to an English auction and gives bidders an incentive to bid their true value.".
- Vickrey_auction label "Asta di Vickrey".
- Vickrey_auction label "Enchère de Vickrey".
- Vickrey_auction label "Subasta Vickrey".
- Vickrey_auction label "Vickrey auction".
- Vickrey_auction label "Vickreyveiling".
- Vickrey_auction label "Zweitpreisauktion".
- Vickrey_auction label "Аукцион Викри".
- Vickrey_auction label "維克里拍賣".
- Vickrey_auction sameAs Vickreyova_aukce.
- Vickrey_auction sameAs Zweitpreisauktion.
- Vickrey_auction sameAs Subasta_Vickrey.
- Vickrey_auction sameAs Enchère_de_Vickrey.
- Vickrey_auction sameAs Asta_di_Vickrey.
- Vickrey_auction sameAs Vickreyveiling.
- Vickrey_auction sameAs m.04312m.
- Vickrey_auction sameAs Q243758.
- Vickrey_auction sameAs Q243758.
- Vickrey_auction sameAs Vickrey_auction.
- Vickrey_auction wasDerivedFrom Vickrey_auction?oldid=594424816.
- Vickrey_auction isPrimaryTopicOf Vickrey_auction.