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:	2014-03-20
Authors:	Kaplan, Todd R ; Zamir, Shmuel
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	Auctions \| Private-Value Auctions \| Multi-Unit Auctions \| All-Pay Auctions \| Resale \| Position Auctions \| Dynamic Auctions \| Spectrum Auctions \| Monotone Equilibrium

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Extent:	application/pdf
Series:	MPRA Paper.
Type of publication:	Book / Working Paper
Classification:	C72 - Noncooperative Games ; D44 - Auctions ; D82 - Asymmetric and Private Information ; H57 - Procurement
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011107706