What are some examples of non-traditional applications of second-price auction principles?

Apr 30, 2022 ... Second price auctions are auctions where the winner pays the second highest bid plus a small increment instead of the winning bid. For example, ... This paper analyzes the effects of buyer and seller risk aversion in first and second-price auctions. Mar 15, 2022 ... Second-Price Auction ... A type of auction model in programmatic advertising, second-price auctions are where the highest bidder wins but only ... Nov 14, 2005 ... Internet Advertising and the Generalized Second Price Auction: Selling Billions of Dollars Worth of Keywords ... We investigate the "generalized ... Apr 25, 2022 ... We describe a popular way in which search engine runs these auctions to determine to final price that an advertiser pays when a click occurs, the Generalized ... Oct 19, 2022 ... We study reserve price optimization in multi-phase second price auctions, where seller's prior actions affect the bidders' later valuations ... Jul 2, 2018 ... Almost all blockchains use a mechanism that is equivalent to a first-price auction: everyone submits a bid, and then if they get included they pay exactly the ... Apr 9, 2007 ... Independent Private Value Auctions: Bidder Behaviour in First-, Second- and. Third-Price Auctions with Varying Numbers of Bidders. John H ... Nov 14, 2019 ... In this paper, we study the non-stationary online second price auction problem. We assume that the seller is selling the same type of items in T rounds by the ... We investigate the "generalized second-price" (GSP) auction, a new mechanism used by search engines to sell online advertising.