Tag Archives: auctioneer

Linear Programming – Combined Value Trading – Parimutuel Call Market – Combinatorial Call Markets

- David Pennock: [...] Each order is associated with a decision variable x that ranges between 0 and 1, encoding the fraction of the order that the auctioneer can accept. There is one constraint per outcome that ensures that the … Continue reading

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Pennock & Sami on “Computational aspects of prediction markets”

Dave Pennock and Rahul Sami have written a book chapter on Computational Aspects of Prediction Markets. It focuses on computability and complexity issues in markets that handle combination, conditional and compound orders. The article talks about the costs for the … Continue reading

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Betting on Permutations

Betting on Permutations – (PDF file) – by Yiling Chen, Lance Fortnow, Evdokia Nikolova, David M. Pennock. – 2007-xx-xx We consider a permutation betting scenario, where people wager on the final ordering of n candidates: for example, the outcome of … Continue reading

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