Obiettivo As more and more economic activity is moving to the Internet, familiar economic mechanisms are being deployed at unprecedented scales of size, speed, and complexity. In many cases this new complexity becomes the defining feature of the deployed economic mechanism and the quantitative difference becomes a key qualitative one. A well-studied example of such situations is how the humble single-item auction suddenly becomes a billion-times repeated online ad auction, or even becomes a combinatorial auction with exponentially many possible outcomes. Similar complexity explosions occur with various markets, with information dissemination, with pricing structures, and with many other economic mechanisms. The aim of this proposal is to study the role and implications of such complexity and to start developing a coherent economic theory that can handle it. We aim to identify various measures of complexity that are crucial bottlenecks and study them. Examples of such complexities include the amount of access to data, the length of the description of a mechanism, its communication requirements, the cognitive complexity required from users, and, of course, the associated computational complexity. On one hand we will attempt finding ways of effectively dealing with complexity when it is needed, and on the other hand, attempt avoiding complexity, when possible, replacing it with ``simple'' alternatives without incurring too large of a loss. Campo scientifico natural sciencescomputer and information sciencesinternet Parole chiave Games Auctions Fairness Concrete Complexity Equilibrium Internet Programma(i) H2020-EU.1.1. - EXCELLENT SCIENCE - European Research Council (ERC) Main Programme Argomento(i) ERC-2016-ADG - ERC Advanced Grant Invito a presentare proposte ERC-2016-ADG Vedi altri progetti per questo bando Meccanismo di finanziamento ERC-ADG - Advanced Grant Istituzione ospitante THE HEBREW UNIVERSITY OF JERUSALEM Contribution nette de l'UE € 2 026 706,00 Indirizzo EDMOND J SAFRA CAMPUS GIVAT RAM 91904 Jerusalem Israele Mostra sulla mappa Tipo di attività Higher or Secondary Education Establishments Collegamenti Contatta l’organizzazione Opens in new window Sito web Opens in new window Partecipazione a programmi di R&I dell'UE Opens in new window Rete di collaborazione HORIZON Opens in new window Costo totale € 2 026 706,00 Beneficiari (1) Classifica in ordine alfabetico Classifica per Contributo netto dell'UE Espandi tutto Riduci tutto THE HEBREW UNIVERSITY OF JERUSALEM Israele Contribution nette de l'UE € 2 026 706,00 Indirizzo EDMOND J SAFRA CAMPUS GIVAT RAM 91904 Jerusalem Mostra sulla mappa Tipo di attività Higher or Secondary Education Establishments Collegamenti Contatta l’organizzazione Opens in new window Sito web Opens in new window Partecipazione a programmi di R&I dell'UE Opens in new window Rete di collaborazione HORIZON Opens in new window Costo totale € 2 026 706,00
