Putting auction theory to work:
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 giv...
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| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Cambridge
Cambridge University Press
[2004]
|
| Series: | Churchill lectures in economics
|
| Subjects: | |
| Online Access: | BSB01 EUV01 UBG01 Volltext |
| Summary: | 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 |
| Item Description: | E-Ausgabe entspricht dem Nachdruck 2008 der Print-Ausgabe |
| Physical Description: | 1 Online-Ressource (xxii, 368 Seiten) |
| ISBN: | 9780511813825 |
| DOI: | 10.1017/CBO9780511813825 |
Staff View
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| id | DE-604.BV043918664 |
| illustrated | Not Illustrated |
| indexdate | 2024-07-10T07:38:31Z |
| institution | BVB |
| isbn | 9780511813825 |
| language | English |
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| owner_facet | DE-12 DE-473 DE-BY-UBG DE-521 |
| physical | 1 Online-Ressource (xxii, 368 Seiten) |
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| spelling | Milgrom, Paul 1948- Verfasser (DE-588)128712139 aut Putting auction theory to work (2004) Putting auction theory to work Paul Milgrom Cambridge Cambridge University Press [2004] © 2004 1 Online-Ressource (xxii, 368 Seiten) txt rdacontent c rdamedia cr rdacarrier Churchill lectures in economics E-Ausgabe entspricht dem Nachdruck 2008 der Print-Ausgabe 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 Mathematisches Modell Auctions / Mathematical models Auction theory Auktionstheorie (DE-588)4732699-2 gnd rswk-swf Spieltheorie (DE-588)4056243-8 gnd rswk-swf Mathematisches Modell (DE-588)4114528-8 gnd rswk-swf Auktionstheorie (DE-588)4732699-2 s Mathematisches Modell (DE-588)4114528-8 s 1\p DE-604 Spieltheorie (DE-588)4056243-8 s 2\p DE-604 Erscheint auch als Druck-Ausgabe, Hardcover 978-0-521-55184-7 Erscheint auch als Druck-Ausgabe, Paperback 978-0-521-53672-1 https://doi.org/10.1017/CBO9780511813825 Verlag URL des Erstveröffentlichers Volltext 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 2\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
| spellingShingle | Milgrom, Paul 1948- Putting auction theory to work Mathematisches Modell Auctions / Mathematical models Auction theory Auktionstheorie (DE-588)4732699-2 gnd Spieltheorie (DE-588)4056243-8 gnd Mathematisches Modell (DE-588)4114528-8 gnd |
| subject_GND | (DE-588)4732699-2 (DE-588)4056243-8 (DE-588)4114528-8 |
| title | Putting auction theory to work |
| title_alt | Putting auction theory to work (2004) |
| title_auth | Putting auction theory to work |
| title_exact_search | Putting auction theory to work |
| title_full | Putting auction theory to work Paul Milgrom |
| title_fullStr | Putting auction theory to work Paul Milgrom |
| title_full_unstemmed | Putting auction theory to work Paul Milgrom |
| title_short | Putting auction theory to work |
| title_sort | putting auction theory to work |
| topic | Mathematisches Modell Auctions / Mathematical models Auction theory Auktionstheorie (DE-588)4732699-2 gnd Spieltheorie (DE-588)4056243-8 gnd Mathematisches Modell (DE-588)4114528-8 gnd |
| topic_facet | Mathematisches Modell Auctions / Mathematical models Auction theory Auktionstheorie Spieltheorie |
| url | https://doi.org/10.1017/CBO9780511813825 |
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