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Algorithmic and Mechanism Design Research in Online MArkets

Objective

Online markets currently form an important share of the global economy. The Internet hosts classical markets (real-estate, stocks, e-commerce) as well allowing new markets with previously unknown features (web-based advertisement, viral marketing, digital goods, crowdsourcing, sharing economy). Algorithms play a central role in many decision processes involved in online markets. For example, algorithms run electronic auctions, trade stocks, adjusts prices dynamically, and harvest big data to provide economic information. Thus, it is of paramount importance to understand the algorithmic and mechanism design foundations of online markets.

The algorithmic research issues that we consider involve algorithmic mechanism design, online and approximation algorithms, modelling uncertainty in online market design, and large-scale data analysisonline and approximation algorithms, large-scale optimization and data mining. The aim of this research project is to combine these fields to consider research questions that are central for today's Internet economy. We plan to apply these techniques so as to solve fundamental algorithmic problems motivated by web-basedInternet advertisement, Internet market designsharing economy, and crowdsourcingonline labour marketplaces. While my planned research is focussedcentered on foundational work with rigorous design and analysis of in algorithms and mechanismsic design and analysis, it will also include as an important component empirical validation on large-scale real-life datasets.

Fields of science (EuroSciVoc)

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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)

Programme(s)

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.

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.

ERC-ADG - Advanced Grant

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) ERC-2017-ADG

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Host institution

UNIVERSITA DEGLI STUDI DI ROMA LA SAPIENZA
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 1 780 150,00
Address
Piazzale Aldo Moro 5
00185 Roma
Italy

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Region
Centro (IT) Lazio Roma
Activity type
Higher or Secondary Education Establishments
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Total cost

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.

€ 1 780 150,00

Beneficiaries (1)

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