Putting Auction Theory to Work Milgrom PaulPaperback
Putting Auction Theory to Work Milgrom PaulPaperback Providing a comprehensive introduction to modern auction theory and its important new applications, this book is written by a leading economic…
Specifikacia Putting Auction Theory to Work Milgrom PaulPaperback
Putting Auction Theory to Work Milgrom PaulPaperback
Providing a comprehensive introduction to modern auction theory and its important new applications, this book is written by a leading economic theorist whose suggestions guided the creation of the new spectrum auction designs. It explores the limitations of prominent older designs, such as the Vickrey auction design, and evaluates the practical responses to those limitations. Aimed at graduate students and professionals in economics, the volume provides the most up-to-date analysis of traditional theories of "optimal auctions" as well as newer theories of multi-unit auctions and package auctions, and shows by example how these theories are used.
He is the author of more than sixty articles and co-author of the influential textbook, Economics, Organization and Paul Milgrom is the Leonard and Shirley Ely Professor of Humanities and Sciences and Professor of Economics, Stanford University.