An Introduction to Auction Theory

An Introduction to Auction Theory

by Flavio M. Menezes, Paulo K. Monteiro
     
 

ISBN-10: 0199275998

ISBN-13: 9780199275991

Pub. Date: 08/26/2008

Publisher: Oxford University Press, USA

This step-by-step, self-contained introduction to the theory of auctions allows students and readers with a calculus background to work through all the basic results in auction theory. Readers will work through the basic independent-private-model, understand the effects of introducing correlation in valuations on equilibrium behaviour and the seller's expected

Overview

This step-by-step, self-contained introduction to the theory of auctions allows students and readers with a calculus background to work through all the basic results in auction theory. Readers will work through the basic independent-private-model, understand the effects of introducing correlation in valuations on equilibrium behaviour and the seller's expected revenue, develop a working knowledge of mechanism design, and be introduced to the theory of multi-object auctions.

Product Details

ISBN-13:
9780199275991
Publisher:
Oxford University Press, USA
Publication date:
08/26/2008
Edition description:
New Edition
Pages:
200
Product dimensions:
6.10(w) x 9.10(h) x 0.40(d)

Table of Contents

1. Introduction
2. Preliminaries
3. Private Values
4. Common Value
5. Affiliated Values
6. Mechanism Design
7. Multiple Objects
A. Probability
B. Differential Equations
C. Affiliation
D. Convexity
References
Index

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