This step-by-step, self-contained introduction to the theory of auctions allows students and readers with a calculus background to work through all the basic results in auction theory. Readers will work through the basic indepent-private-model, understand the effects of introducing correlation in valuations on equilibrium behaviour and the seller’s expected revenue, develop a working knowledge of mechanism design, and be introduced to the theory of multi-object
auctions.
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ISBN | 9780191534720 |
Number Of Pages | 0 |
File Size | 1.00 mb |
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Published | 04-11-2004 |