Auction Theory

Introductory Exercises with Answer Keys

AvPak-Sing Choi,Felix Munoz-Garcia

Inbunden, Engelska, 2025

Del i serien Springer Texts in Business and Economics

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Beskrivning

The book begins with a discussion of second-price auctions, which can be studied without using calculus, and works through progressively more complicated auction scenarios: first-price auctions, all-pay auctions, third-price auctions, the Revenue Equivalence principle, common-value auctions, multi-unit auctions, and procurement auctions.

Produktinformation

Utgivningsdatum:2025-07-19
Mått:155 x 235 x 27 mm
Vikt:744 g
Format:Inbunden
Språk:Engelska
Serie:Springer Texts in Business and Economics
Antal sidor:370
Upplaga:2
Förlag:Springer International Publishing AG
ISBN:9783031932700

Utforska kategorier

Mikroekonomi inom Ekonomi och Ledarskap
Nationalekonomi inom Ekonomi och Ledarskap
Optimering inom Naturvetenskap och teknik

Mer om författaren

Pak-Sing Choi is assistant professor of economics at the Graduate Institute of Industrial Economics of National Central University, Taiwan. His research focuses on the effect of environmental regulation on industrial organization under asymmetric information.Felix Munoz-Garcia is professor of economics at Washington State University (US). His research focuses on industrial organization, game theory, and their applications to environmental regulation in contexts where firms, government agencies, or both, are imperfectly informed.

Innehållsförteckning

Chapter1: Second Price Auctions.- Chapter2:First Price Auctions.- Chapter3: First Price Auctions Extensions.- Chapter4: All Pay Auctions and Auctions with Asymmetrically InformedBidders.- Chapter5: Third Price Auctions kth Price Auctions and Lotteries.- Chapter6: The Revenue Equivalence Principle.- Chapter7: Common Value Auctions.- Chapter8: Multi Unit Auctions.- Chapter9: Mechanism Design.- Chapter10: Procurement Auctions.