Derek Wenning, a junior, and Chase Abram, a sophomore, participated in an undergraduate paper contest and conference at Bowling Green State University (BGSU) in Bowling Green, Ohio.
Derek’s paper, titled “Comparative Analysis of Simultaneous Ascending Auctions and Combinatorial Auctions,” considers various multi-unit auction designs and applies the results to the relative efficiency and revenue gains with regard to spectrum license auctions. Chase’s paper, “Individual Strategy Choice in Electoral Decisions with Up to Three Options,” constructs a game-theoretic model to understand optimal voting strategies from an individual’s perspective in a simple majority election, both with and without a campaigning allowance.
Derek and Chase were among 14 of the applicants selected to present papers at the conference, which was held on April 8, 2017. Prizes were awarded to the top four papers, as well as the best three presentations. Of these awards, Chase’s paper was awarded second place, and his presentation won first place. Additionally, Derek was awarded second place for his presentation. Collectively, Indiana University took home the most awards of any university in attendance!
Accompanying Chase and Derek were Yong Cho, a junior, and Chandler Inman, a sophomore, both of whom provided support for Derek and Chase and represented Indiana University well through asking insightful questions of many of the presenters.