An Introduction to Auction Theory (Paperback)
  • An Introduction to Auction Theory (Paperback)
zoom

An Introduction to Auction Theory (Paperback)

(author), (author)
£41.49
Paperback 200 Pages / Published: 12/06/2008
  • We can order this

Usually dispatched within 3 weeks

  • This item has been added to your basket
The practical importance of auction theory is widely recognized. Indeed, economists have been recognized for their contribution to the design of several auction-like mechanisms, such as the U. S. Federal Communications Commission spectrum auctions, the 3G auctions in Europe and beyond, and the auction markets for electricity markets around the world. Moreover, auction theory is now seen as an important component of an economist's training. For example, some of the more celebrated results from the single-object auction theory are now usually taught in advanced undergraduate and first-year graduate courses on the economics of information. The techniques and insights gained from the study of auction theory provide a useful starting point for those who want to venture into the economics of information, mechanism design, and regulatory economics. This book provides a step-by-step, self-contained treatment of the theory of auctions. The aim is to provide an introductory textbook that will allow students and readers with a calculus background to work through all the basic results. Coverage includes: the basic independent-private-model; the effects of introducing correlation in valuations on equilibrium behaviour and the seller's expected revenue; mechanism design; and the theory of multi-object auctions. The paperback edition of the text includes a new chapter which acts as a guide to current developments in auction theory.

Publisher: Oxford University Press
ISBN: 9780199275991
Number of pages: 200
Weight: 353 g
Dimensions: 232 x 157 x 10 mm

You may also be interested in...

The Essential Keynes
Added to basket
The Theory of Moral Sentiments
Added to basket
Conspicuous Consumption
Added to basket
How Markets Fail
Added to basket
£9.99
Paperback
How Much is Enough?
Added to basket
Mathematics for Economics and Finance
Added to basket
Capitalism and Freedom
Added to basket
A Brief History of Neoliberalism
Added to basket
Kicking Away the Ladder
Added to basket
The Wealth of Nations
Added to basket
Capital
Added to basket
£8.99
Paperback
Small Is Beautiful
Added to basket
Keynes
Added to basket
£9.99
Paperback

Please sign in to write a review

Your review has been submitted successfully.