An Introduction to Auction Theory

By Flavio M. Menezes and Paulo K. Monteiro

Book 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.

• Format: Hardcover
• Language: English
• ISBN: 019927598X
• ISBN13: 9780199275984
• Release Date: January 2005
• Publisher: OUP Oxford
• Length: 192 Pages
• Weight: 0.90 lbs.
• Dimensions: 0.6" x 5.9" x 9.6"