infonet-economy

Several social-economical developments, like the ageing society, stimulate the use of ICT applications for mobile healthcare (e.g., tele-monitoring). To support novel m-health applications, the consequences of developing these applications should be considered in the scope of a comprehensive architecture. Additionally, contextual information plays an important role for personalised…

The emergence of 3G networks gives rise to new mobile services in many different areas of our daily life. Examples of demanding mobile services are mobile-healthcare (i.e. m-health) services allowing the continuous monitoring of a patient's vital signs. However, a prerequisite for the successful deployment of m-health services are appropriate performance characteristics of…

We contribute to the debate on the optimal design of multiunit auctions by developingand testing robust implications of the leading theory of uniform price auctions on the bid distributions submitted by individual bidders. The theory, which emphasizes market power, has little support in a data set of Finnish Treasury auctions. A reason may be that the Treasury acts strategically by…

We examine the role of allocation rules in determining the set of equilibrium prices in uniform- price auctions. Beginning with Wilson (1979), the theoretical literature has argued that these auctions are subject to possible low equilibrium prices. We show that this is due to the way the asset is being divided. We focus on allocation rules that specify the way the asset is divided in…