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Putting Auction Theory to Work

Putting Auction Theory to Work

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Putting Auction Theory to Work

by Paul Milgrom

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  • Hardcover
Condition
New
ISBN 10
0521551846
ISBN 13
9780521551847
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About This Item

Hard Cover. New. New Book; Fast Shipping from UK; Not signed; Not First Edition; 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

Synopsis

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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Details

Bookseller
Ria Christie Collections GB (GB)
Bookseller's Inventory #
ria9780521551847_pod
Title
Putting Auction Theory to Work
Author
Paul Milgrom
Format/Binding
Hard Cover
Book Condition
New
Quantity Available
899
Binding
Hardcover
ISBN 10
0521551846
ISBN 13
9780521551847
Publisher
Cambridge University Press
This edition first published
August 1, 2003

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About the Seller

Ria Christie Collections

Seller rating:
This seller has earned a 5 of 5 Stars rating from Biblio customers.
Biblio member since 2014
Uxbridge, Greater London

About Ria Christie Collections

Hello We are professional online booksellers. We sell mostly new books and textbooks and we do our best to provide a competitive price. We are based in Greater London, UK. We pride ourselves by providing a good customer service throughout, shipping the items quickly and replying to customer queries promptly. Ria Christie Collections

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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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