Objective
The current project aims at the development of a promising application of Game Theory: the study of auction markets with resale in which some bidders are interested in the consumption of the good (\"buyers\"), and some bidders are interested in the good because of its resale opportunities (\"speculators\"). This problem has not been addressed by the existing literature. To cover this problem a game theoretic model will be developed. To accomplish the project Dr. Hernando-Viviane will spend a whole academic year in the Economics Department at University College London. This is one of the leading institutions in Europe in Economic theory, and especially auction theory and its applications. This institution has not only the scientific expertise but also the facilities required to conduct top academic research. Moreover, this institution is very much involved in the transfer of scientific knowledge to real life practitioners. Dr. Hernando-Viviane has a solid CV; with two accepted publications in two Economics top journals, Journal of Economic Theory and Games and Economic Behaviour, in the field of auction theory. He is also a quite dynamic researcher. He has participated in top scientific meetings, and he has given seminars in a number of universities. Moreover, he has held positions of significant responsibility in his current position at the Universidad de Alicante.This project may also give an important stimulus to Dr. Hernando-Viviane academic career. It can help him overcome the difficulties to interact with other researchers in his field at the highest level from his current positioning University of Allocate. Moreover, it will provide him with the unique opportunity of having first hand contact with real life problems of auction design. The current project may also have beneficial spillover towards the creation of scientific links between two natural partners, University College London and the Universidad de Alicante.Dr. Herman#
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- social sciences economics and business economics
- natural sciences mathematics applied mathematics game theory
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Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
FP6-2002-MOBILITY-5
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Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Coordinator
LONDON
United Kingdom
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.