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Putting Auction Theory to Work (Churchill Lectures in Economics)

Putting Auction Theory to Work (Churchill Lectures in Economics)

Putting Auction Theory to Work (Churchill Lectures in Economics)
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Putting Auction Theory to Work (Churchill Lectures in Economics)

de Paul Milgrom

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Good
ISBN 10
0521536723
ISBN 13
9780521536721
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Sobre este artículo

Cambridge University Press, 2004-01-12. Paperback. Good.

Sinopsis

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.

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Detalles

Librería
Ergodebooks US (US)
Inventario del vendedor #
SONG0521536723
Título
Putting Auction Theory to Work (Churchill Lectures in Economics)
Autor
Paul Milgrom
Formato/Encuadernación
Tapa blanda
Estado del libro
Usado - Good
Cantidad disponible
1
ISBN 10
0521536723
ISBN 13
9780521536721
Editorial
Cambridge University Press
Lugar de publicación
West Nyack, New York, U.s.a.
Fecha de publicación
2004-01-12

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