author: reinhard selten

... Auction Market Institutions , Theories , and Evidence , Reading , MA : Addison - Wesley . Gode , D.K. and Sunder , S. ( 1992 ) " Lower bounds for efficiency of surplus extraction in double auctions , " Carnegie - Mellon Graduate School ...

... game with N = { 1 , ... , n } . A global strategy for г ( G ) is a subgame perfect equilibrium of Ñ ( G ) if and only if it satisfies the conditions imposed by table ... absolute optimality and non - optimality . Consider the situation of a ...

Michael Schreckenberg, Reinhard Selten. 4.3 Results of the Online Application of ASDA and FOTO The main model results of the online application are the following : ( i ) detection , dynamic generation and tracing of the traffic phase ...