Mathematical economics | Non-cooperative games | Types of auction
In economics and game theory, an all-pay auction is an auction in which every bidder must pay regardless of whether they win the prize, which is awarded to the highest bidder as in a conventional auction. As shown by Riley and Samuelson (1981), equilibrium bidding in an all pay auction with private information is revenue equivalent to bidding in a sealed high bid or open ascending price auction. In the simplest version, there is complete information. The Nash equilibrium is such that each bidder plays a mixed strategy and expected pay-offs are zero. The seller's expected revenue is equal to the value of the prize. However, some economic experiments have shown that over-bidding is common. That is, the seller's revenue frequently exceeds that of the value of the prize, and in repeated games even bidders that win the prize frequently will most likely take a loss in the long run. (Wikipedia).
What are Dividend Swaps, commodity swaps, equity swaps?
In todays video we will learn about Dividend Swaps, Commodity Swaps and Equity Swaps. These classes are all based on the book Trading and Pricing Financial Derivatives, available on Amazon at this link. https://amzn.to/2WIoAL0 Check out our website http://www.onfinance.org/ Follow Patri
From playlist Swaps
Ex: Find the Sale Tax Percentage
This video explains how to determine the sales tax percent given the amount paid and the sale price. Search Complete Library at http://www.mathispower4u.wordpress.com
From playlist Percent Applications
Shares (2 of 2: Calculating the total amount required to buy a set number of shares)
via YouTube Capture
From playlist Investments and Loans
This video shows how to solve percentage problems that focus on price and percentage discounts items for sale.
From playlist EngageNY Grade 6 Module 1
Dividends - Payout Ratio vs Retention Ratio
This stocks and bonds video tutorial explains how to calculate the dividend payout ratio and the retention ratio. The payout ratio is equal to the total dividends paid divided by the net income. The retention ratio is equal to the earnings retained divided by the net income. My Website:
From playlist Stocks and Bonds
Financial Futures Payoff Diagrams
Financial Futures Payoff Diagrams In This Video we look at the payoff diagrams of being long and short futures contracts and how this might differ from being long and short the underlying. We learn a bit about how an investor shorts a given underlying and why it might be more efficient to
From playlist Class 1 Futures & Forwards
The Ideal Auction - Numberphile
Preston McAfee is the chief economist at Microsoft. More links & stuff in full description below ↓↓↓ Benford's Law: https://youtu.be/XXjlR2OK1kM Preston McAfee: http://www.mcafee.cc Animation by Pete McPartlan Numberphile is supported by the Mathematical Sciences Research Institute (M
From playlist Animations by Pete McPartlan
Ex: Find the Original Price Given the Discount Price and Percent Off
This video provides an example of how to determine the original price of an item given the discounted price and the percent mark down. Search Complete Library at http://www.mathispower4u.wordpress.com
From playlist Percent Applications
24. Asymmetric information: auctions and the winner's curse
Game Theory (ECON 159) We discuss auctions. We first distinguish two extremes: common values and private values. We hold a common value auction in class and discover the winner's curse, the winner tends to overpay. We discuss why this occurs and how to avoid it: you should bid as if you k
From playlist Game Theory with Ben Polak
Elias Koutsoupias: Game Theory 2/2 🎲 CERN
This lecture series will present the main directions of Algorithmic Game Theory, a new field that has emerged in the last two decades at the interface of Game Theory and Computer Science, because of the unprecedented growth in size, complexity, and impact of the Internet and the Web. These
From playlist CERN Academic Lectures
Algorithmic Game Theory: Two Vignettes
(March 11, 2009) Tim Roughgarden talks about algorithmic game theory and illustrates two of the main themes in the field via specific examples: performance guarantees for systems with autonomous users, illustrated by selfish routing in communication networks; and algorithmic mechanism desi
From playlist Engineering
DoubleClick Ad Exchange: Connecting the World of Online Advertising
Google Tech Talk May 23, 2012 Google NYC Presented by Eyal Manor, Jacob Baskin, Nemo Semret, and Noam Wolf ABSTRACT When you see an ad on a website, where did it come from? The answer to that question might not be as simple as it sounds. Ads on the internet take a long, often roundabout
From playlist Google NYC Tech Talks
Cryptography and Preventing Collusion in Second Price (Vickery) Auctions - Michael Rabin
Michael Rabin Harvard University and Columbia University April 29, 2013 We present practically efficient methods for proving correctness of announced results of a computation while keeping input and intermediate values information theoretically secret. These methods are applied to solve th
From playlist Mathematics
GORUCO 2015: Nadia Odunayo: Keynote Playing games in the clouds
@nodunayo What does haggling at a garage sale have to do with load balancing in distributed systems? How does bidding in an art auction relate to cloud service orchestration? Familiarity with the ideas and technologies involved in cloud computing is becoming ever more important for develop
From playlist GORUCO 2015
Intractability in Algorithmic Game Theory - Tim Roughgarden
Tim Roughgarden Stanford University March 11, 2013 We discuss three areas of algorithmic game theory that have grappled with intractability. The first is the complexity of computing game-theoretic equilibria, like Nash equilibria. There is an urgent need for new ideas on this topic, to ena
From playlist Mathematics
Mod-03 Lec-22 Second Price Sealed Bid
Game Theory and Economics by Dr. Debarshi Das, Department of Humanities and Social Sciences, IIT Guwahati. For more details on NPTEL visit http://nptel.iitm.ac.in
From playlist IIT Guwahati: Game Theory and Economics | CosmoLearning.org Economics
Ex: Find the Percent of an Amount - Sale Tax
This video explains how to solve a percent problem by determining the percent of a number. http://mathispower4u.com
From playlist Percent Applications
Mod-03 Lec-24 First Price Auction
Game Theory and Economics by Dr. Debarshi Das, Department of Humanities and Social Sciences, IIT Guwahati. For more details on NPTEL visit http://nptel.iitm.ac.in
From playlist IIT Guwahati: Game Theory and Economics | CosmoLearning.org Economics