Advances in Auctions

As a selling mechanism, auctions have acquired a central position in the free market economy all over the globe. This development has deepened, broadened, and expanded the theory of auctions in new directions. This chapter is intended as a selective update of some of the developments and applications of auction theory in the two decades since Wilson (1992) wrote the previous Handbook chapter on this topic.

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Year of publication:	2014-03
Authors:	Kaplan, Todd R. ; Zamir, Shmuel
Institutions:	Center for the Study of Rationality, Hebrew University of Jerusalem

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Extent:	application/pdf
Series:	Discussion Paper Series.
Type of publication:	Book / Working Paper
Notes:	Forthcoming as a chapter in the Handbook of Game Theory, Volume 4, edited by Peyton Young and Shmuel Zamir, Elsevier (2014). Shmuel Zamir, Elsevier (2014). 73 pages
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010813839