Theses and Dissertations from UMD

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New submissions to the thesis/dissertation collections are added automatically as they are received from the Graduate School. Currently, the Graduate School deposits all theses and dissertations from a given semester after the official graduation date. This means that there may be up to a 4 month delay in the appearance of a give thesis/dissertation in DRUM

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Author: search.filters.author.Higgins, Nathaniel AlanSubject: search.filters.subject.Computational Economics

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    Computational and Experimental Market Design
    (2010) Higgins, Nathaniel Alan; McConnell, Kenneth E; Cramton, Peter; Agricultural and Resource Economics; Digital Repository at the University of Maryland; University of Maryland (College Park, Md.)
    This dissertation contributes to the literature on the market design of auctions. I use computational and experimental techniques to make two types of contributions to the literature. First, I provide a program that implements a state-of-the-art algorithm for solving multi-unit auctions with asymmetric bidders. This methodological contribution can be used by other economists to solve a variety of auction problems not considered in this dissertation. Second, I undertake the study of one auction environment in particular, utilizing my program to generate hypotheses when bidders participate in a particular sealed-bid, asymmetric multi-unit auction. These hypotheses are then tested in an experimental setting.