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An Introduction to Auction Theory

An Introduction to Auction Theory

Hardcover

EconomicsManagement

ISBN10: 019927598X
ISBN13: 9780199275984
Publisher: Oxford University Press
Published: Jan 13 2005
Pages: 192
Weight: 0.90
Height: 0.62 Width: 5.94 Depth: 9.56
Language: English
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 independent-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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