Computational optimization of auctioneer revenue in modified discrete Dutch auctions with cara risk preferences

This research presents a computational optimization framework designed to maximize auctioneer revenue in modified discrete Dutch auctions by explicitly incorporating bidders’ risk preferences---modeled independently of wealth through the Constant Absolute Risk Aversion (CARA) utility function---thu...

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Bibliografiska uppgifter

Huvudupphov:	Raja Aqib Shamim, Majid Khan Majahar Ali, Mohamed Farouk Haashir bin Hamdullah
Materialtyp:	Artigo
Språk:	Inglês
Utgiven:	Nigerian Society of Physical Sciences 2026-02-01
Serie:	Journal of Nigerian Society of Physical Sciences
Ämnen:	Auctions Lognormal distribution Nonlinear programming Discrete Dutch auction Revenue
Länkar:	https://journal.nsps.org.ng/index.php/jnsps/article/view/2516
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