There is a growing recognition that auctions are one of the most efficient tools for resource allocation. Because of this, they are becoming increasingly important within the economic, social and computational fields.
For instance, the European Union (EU) uses auctions to allocate pollution permits, allowing factories to bid on the level of emissions they are permitted to emit; the UK government promotes investment in renewable energy by offering a guaranteed electricity sale price, determined through auctions; and in the financial sector, they have long been used for various purposes such as bond sales and corporate takeovers.
Our two-day workshop will bring together researchers and industry professionals for a range of sessions covering theoretical and empirical research around this topic.
The workshop will include insights from guest speakers, who will share their perspectives and detail recent advancements and key challenges. It will also provide a forum to promote open conversations and debates.
Day 1 schedule
| Time | Speaker | Talk |
|---|---|---|
| 10.30am - 10.45am | - | Registration and refreshments |
| 10.45am - 11am | Professor Ajit Mishra - Head of the Department of Economics, University of Bath | Opening remarks |
| 11am - 11.45am | Dr Elizabeth Baldwin - University of Oxford | Product-mix auctions |
| 11.45am - 12.30pm | Professor Todd Kaplan - University of Exeter and University of Haifa | A natural experiment in fair division: Armageddon chess |
| 12.30pm 2pm | - | Lunch and break |
| 2pm - 2.30pm | Professor Indrajit Ray - Cardiff University | An experiment on the role of priors in a discrete bid Japanese English auction for a wallet game |
| 2.30pm - 3pm | Dr Aleksei Chernulich - Durham University | Duels between duals: Compensation auctions |
| 3pm - 3.30pm | - | Refreshments break |
| 3.30pm - 4pm | Dr Xiaoyu Zhou - University of Nottingham | Market selection of strategic thinking types |
| 4pm - 4.30pm | Professor Subhasish M Chowdhury - University of Sheffield | Optimal reimbursement schemes in contests |
| 4.30pm - 4.45pm - | Refreshments break | |
| 4.45 - 5.30pm | Dr Sohail Ahmed - Lead Structurer, EP Commodities B.V | Dutch power market, renewable subsidies and structured products |
Please note: Some details may change. Check this page regularly for updates.
Day 2 schedule
| Time | Speaker | Talk |
|---|---|---|
| 9.30am - 10am | - | Registration and refreshments |
| 10am - 1045am | Dr Georgios Piliouras - Google DeepMind | The complex dynamics of real world markets and auctions |
| 10.45am - 11.15am | Dr Ron Lavi - University of Bath | Principal-Agent VCG contracts |
| 11.15am - 11.45am | - | Refreshments break |
| 11.45am - 12.15pm | Dr Tatiana Kornienko - King’s College London | Competitive bidding, predation, and expropriation: A unified model |
| 12.15pm - 12.45pm | Alessandro Veneri - European University Institute | Competition in digital advertising with asymmetric consumer information |
| 12.45pm - 2.15pm | - | Lunch and break |
| 2.15pm - 2.45pm | Dr Elnaz Bajoori - University of Bath | Bidding behaviour in security bid auctions: theory and experiment |
| 2.45pm - 3.15pm | Dr Kei Tsutsui - University of Bath | Experimental effects of institutionalizing co-determination by a procedurally fair bidding rule |
| 3.15pm - 3.45pm | - | Refreshments break |
| 3.45 - 4.30 | Professor Francesco Giovannoni - University of Bristol | Pricing novel goods |
Please note: Some details may change. Check this page regularly for updates.
