evolutionary learning in repeated auctions - bidders' strategies are influenced by the outcome of the past rounds in the game … outcome of learning in auctions. On the other hand it uses computational simulation. The simulation is first checked against …. The main result of the Thesis is the instability of the NE in first price auctions, third and higher price auctions and …

-stage games, sequential equilibrium, trembling-hand perfection, stability, signaling games, theory of auctions, global games …

Simultaneous ascending auctions present agents with various strategic problems, depending on preference structure. As … long as bids represent non-repudiable offers, submitting noncontingent bids to separate auctions entails an exposure …

Auctions are an ancient economic institution. Since Vickrey (1961), the development of auction theory has lead to an … explaining their enduring popularity. Given the pervasiveness of auctions, the question of how a seller should engineer the rules …

Because sequential auctions have permeated society more than ever, it is desirable for participants to have the optimal …, this dissertation derives results related to the multiplicity of equilibria in first-price, sealed-bid (FPSB) auctions, and … sequential FPSB auctions, with discrete bids under complete information. It also provides theoretical results for FPSB auctions …

We analyze a model of Internet auctions. Sellers each offer one item of a heterogeneous good to bidders who have unit …-demand preferences. Items are sold in second-price proxy auctions. We derive a perfect Bayesian (epsilon-) equilibrium. Our experimental …