Format:
1 Online-Ressource (xxii, 368 pages)
,
digital, PDF file(s)
ISBN:
9780511813825
Series Statement:
Churchill lectures in economics
Content:
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
Note:
Title from publisher's bibliographic system (viewed on 05 Oct 2015)
Additional Edition:
ISBN 9780521551847
Additional Edition:
ISBN 9780521536721
Additional Edition:
Print version ISBN 9780521551847
Additional Edition:
Erscheint auch als Druck-Ausgabe Milgrom, Paul, 1948 - Putting auction theory to work Cambridge : Cambridge University Press, 2004 ISBN 9780521536721
Additional Edition:
ISBN 9780521551847
Additional Edition:
ISBN 0521536723
Additional Edition:
ISBN 0521551846
Language:
English
Subjects:
Economics
Keywords:
Spieltheorie
;
Auktionstheorie
;
Auktionstheorie
;
Einführung
DOI:
10.1017/CBO9780511813825
URL:
Volltext
(lizenzpflichtig)
