Algorithmic Mechanism Design and Auction Theory with Python

Language: English

Published by Amazon Digital Services LLC - Kdp Aug 2026, 2026

9798192396889

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Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH

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Neuware - Reactive PublishingModern digital markets, from automated ad exchanges and cloud resource allocation to high-frequency auctions, rely on rigorous economic frameworks. Algorithmic Mechanism Design and Auction Theory with Python bridges the gap between theoretical microeconomics and practical software implementation.Designed for data scientists, quantitative developers, and economists, this comprehensive guide demonstrates how to engineer incentive-compatible systems, design optimal auctions, and deploy automated bidding strategies using modern Python tools.What You Will Learn- Core Auction Theory: Implement English, Dutch, First-Price, and Second-Price (Vickrey) auctions with deterministic and strategic bidding agents.- Incentive Alignment: Build and simulate Vickrey-Clarke-Groves (VCG) mechanisms to achieve social welfare maximization and truthfulness.- Algorithmic Bidding: Train automated bidding strategies using dynamic programming, numerical optimization, and basic multi-agent reinforcement learning.- Market Dynamics: Analyze combinatorial auctions, revenue optimization, and counter-strategies against bid shading and collusive behavior.PrerequisitesBasic proficiency in Python and foundational knowledge of linear algebra and probability are recommended. No prior background in formal economics is required, all necessary theoretical concepts are built from first principles.…

Seller Inventory # 9798192396889

Title
Algorithmic Mechanism Design and Auction Theory with Python
Author
Oliver J Thatch
Publisher
Amazon Digital Services LLC - Kdp Aug 2026
Publication year
2026
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 13
9798192396889
Item weight
794 grams
Dimensions
229x152x42 mm

AHA-BUCH GmbH

Einbeck, Germany

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AbeBooks seller since August 14, 2006

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