Economics

Generalized Second-Price Auction and Ad-Bidding

Presentation for Managerial Economics where I discussed GSP used by google in their Ad Word, specifically, why first price auction doesn’t have a dominant strategy, how GSP promotes truth-telling with one item; GSP compared to VCG (which is used by Facebook), and why Google stuck with using and it’s disadvantages when there are multiple slots.

 

International Trade between China and the US

A paper I wrote back in freshman year for Dr. Rubin‘s seminar class. I briefly went over the history of sino-US trade and expanded on issues about jobs, child labor and US’s trade deficit.

image source: “https://economics.stackexchange.com/questions/4466/why-could-china-much-poorer-than-us-lend-so-much-money-to-us”