Putting Auction Theory to Work pdf epub mobi txt 電子書下載2025

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Paul Milgrom is the Shirley and Leonard Ely professor of Humanities and Sciences in the Department of Economics at Stanford University and professor, by courtesy, at the Stanford Graduate School of Business. He is a member of both the National Academy of Sciences and the American Academy of Arts and Sciences and a winner of the Nemmers Prize in Economics.Milgrom is best known for his contributions to the theory of auctions, for pioneering contributions to the practical design of multi-item auctions, and for his success as a bidding advisor

出版者:Cambridge University Press

作者:Paul Milgrom

出品人:

頁數:396

译者:

出版時間:2004-01-12

價格:USD 38.99

裝幀:Paperback

isbn號碼:9780521536721

叢書系列:Churchill Lectures in Economics

圖書標籤:

Auction
經濟學
GameTheory
博弈論
economic
Putting.Theory.into.Practice
諾經課
英文原版

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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.