Notes and Reading - Lecture #9

Lecture #9 covered allocating scarce resources

Notes

Notes are available in two formats:

1 slide per page, PDF.
4 slides per page, PDF.

Reading

This lecture covered Chapter 14 of the textbook. You should read through Chapter 14 in detail.

Additional material is the following paper on auctions:

Parsons, S., Rodriguez-Aguilar, J. A. and Klein, M. Auctions and bidding: A guide for computer scientists, ACM Computing Surveys, 43(2), 2011.

while this paper:

Lucking-Reiley, D. Vickrey Auctions in Practice: From Nineteenth Century Philately to Twenty-first Century E-commerce, Journal of Economic Perspectives, 14(3), 183-192, 2000.

discusses the history of the use of the Vickrey auction.