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Putting Auction Theory to Work

Putting Auction Theory to Work

Putting Auction Theory to Work
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Putting Auction Theory to Work

de Paul Milgrom

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Estado
Nuevo
ISBN 10
0521551846
ISBN 13
9780521551847
Librería
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Sobre este artículo

Hardback. New. A comprehensive introduction to modern auction theory and its applications. 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.

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
The Saint Bookstore GB (GB)
Inventario del vendedor #
A9780521551847
Título
Putting Auction Theory to Work
Autor
Paul Milgrom
Formato/Encuadernación
Hardback
Estado del libro
Nuevo
Cantidad disponible
1
Encuadernación
Tapa dura
ISBN 10
0521551846
ISBN 13
9780521551847
Editorial
Cambridge University Press
Primera fecha de publicación de esta edición
August 1, 2003

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Sobre el vendedor

The Saint Bookstore

Puntuación del vendedor:
Este vendedor ha conseguido 5 de las cinco estrellas otorgadas por los compradores de Biblio.
Miembro de Biblio desde 2018
Southport, Merseyside

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A new book is a book previously not circulated to a buyer. Although a new book is typically free of any faults or defects, "new"...
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