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Auctions: Theory and Practice

Auctions: Theory and Practice

Paperback

Series: Toulouse Lectures in Economics

Economics

ISBN10: 0691119252
ISBN13: 9780691119250
Publisher: Princeton Univ Pr
Published: Mar 28 2004
Pages: 264
Weight: 0.82
Height: 0.64 Width: 6.02 Depth: 9.10
Language: English

Governments use them to sell everything from oilfields to pollution permits, and to privatize companies; consumers rely on them to buy baseball tickets and hotel rooms, and economic theorists employ them to explain booms and busts. Auctions make up many of the world's most important markets; and this book describes how auction theory has also become an invaluable tool for understanding economics.


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Economics