TY - BOOK AU - Bichler,Martin TI - Market design: a linear programming approach to auctions and matching SN - 9781107173187 (HB) PY - 2018/// CY - UK PB - Cambridge University Press KW - Markets KW - Microeconomics KW - Supply and demand KW - Mathematical models KW - Linear programming KW - Statistical matching KW - Game theory N2 - The digital economy led to many new services where supply is matched with demand for various types of goods and services. More and more people and organizations are now in a position to design market rules that are being implemented in software. The design of markets is challenging as it needs to consider strategic behavior of market participants, psychological factors, and computational problems in order to implement the objectives of a designer. Market models in economics have not lost their importance, but the recent years have led to many new insights and principles for the design of markets, which are beyond traditional economic theory. This book introduces the fundamentals of market design, an engineering field concerned with the design of real-world markets. -- ER -