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Understanding Auctions

MOCHON, Asunción - Personal Name; SAEZ, Yago - Personal Name;

In recent years, auctions have become an important field and many markets have designed new and sophisticated auction models to assign different types of items. The prime goal of this book is to set an organized classification of the main auction mechanisms in a way that readers can understand the importance of auction design and the advantages and drawbacks of each model. Given the relevance of the subject, there is a great volume of research about this topic.

Nevertheless, most of these contributions use complex mathematical language difficult to understand for the average reader. In this book, the authors summarize the main ideas of the auction theory and explain them with simple language and plenty of examples. This book is a good starting point for any researcher interested in embracing the auction design as it also includes numerous real-world examples to engage the reader in the topic.

“This book fills an important gap by making the main ideas and findings of auction research accessible.”
Professor Paul Milgrom, Department of Economics, Stanford University.


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Detail Information
Series Title
-
Call Number
-
Publisher
: Springer Cham., 2015
Collation
-
Language
English
ISBN/ISSN
978-3-319-08813-6
Classification
NONE
Content Type
text
Media Type
computer
Carrier Type
online resource
Edition
-
Subject(s)
Sciences,
Game theory
Industrial Organization
Behavioral/Experimental Economics
Business Strategy/Leadership
Economic Theory/Quantitative
Economics/Mathematical Methods
Specific Detail Info
-
Statement of Responsibility
Asunción Mochón, Yago Sáez
Other Information
Cataloger
Yudi
Source
-
Validator
-
Digital Object Identifier (DOI)
-
Journal Volume
-
Journal Issue
-
Subtitle
-
Parallel Title
-
Other version/related

No other version available

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  • Understanding Auctions
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