Umfang:
1 Online-Ressource (xxii, 368 pages)
,
digital, PDF file(s)
ISBN:
9780511813825
Serie:
Churchill lectures in economics
Inhalt:
This book provides a comprehensive introduction to modern auction theory and its important new applications. It is written by a leading economic theorist whose suggestions guided the creation of the new spectrum auction designs. Aimed at graduate students and professionals in economics, the book gives the most up-to-date treatments of both traditional theories of 'optimal auctions' and newer theories of multi-unit auctions and package auctions, and shows by example how these theories are used. The analysis explores the limitations of prominent older designs, such as the Vickrey auction design, and evaluates the practical responses to those limitations. It explores the tension between the traditional theory of auctions with a fixed set of bidders, in which the seller seeks to squeeze as much revenue as possible from the fixed set, and the theory of auctions with endogenous entry, in which bidder profits must be respected to encourage participation
Anmerkung:
Title from publisher's bibliographic system (viewed on 05 Oct 2015)
Weitere Ausg.:
ISBN 9780521551847
Weitere Ausg.:
ISBN 9780521536721
Weitere Ausg.:
Print version ISBN 9780521551847
Weitere Ausg.:
Erscheint auch als Druck-Ausgabe Milgrom, Paul, 1948 - Putting auction theory to work Cambridge : Cambridge University Press, 2004 ISBN 9780521536721
Weitere Ausg.:
ISBN 9780521551847
Weitere Ausg.:
ISBN 0521536723
Weitere Ausg.:
ISBN 0521551846
Sprache:
Englisch
DOI:
10.1017/CBO9780511813825
URL:
Volltext
(lizenzpflichtig)
Bookmarklink
