An Introduction to Auction Theory
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Introduction to Auction Theory by Flavio M. Menezes
Book DescriptionAuction theory is now an important component of an economist's training. The techniques and insights gained from the study of auction theory provide a useful starting point for those who want to venture into the economics of information, mechanism design, and regulatory economics. This book provides a step-by-step, self-contained treatment of the theory of auctions. It allows students and readers with a calculus background to work through all the basic results, covering the basic independent-private-model; the effects of introducing correlation in valuations on equilibrium behaviour and the seller's expected revenue; mechanism design; and the theory of multi-object auctions.
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Book DetailsISBN: 9780199275984
(241mm x 162mm x 15mm)
Imprint: Oxford University Press
Publisher: Oxford University Press
Publish Date: 4-Nov-2004
Country of Publication: United Kingdom
Books By Author Flavio M. Menezes
Introduction to Auction Theory, Paperback (June 2008)» View all books by Flavio M. Menezes
This book provides a step-by-step, self-contained treatment of auction theory and aims to provide an introductory treatment to allow students to work through all the basic results. The techniques and insights gained provide a useful starting point for those wanting to venture into information economics, mechanism design and regulatory economics.
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Author Biography - Flavio M. Menezes
P. K. Monteiro received his PhD from IMPA in 1988. He has been at several institutions including UFRJ (1989-1993), IMPA (1994-1996, 1998-99), and EPGE-FGV (1999-present). He has been visiting fellow at CORE (1996-1997) and Copenhagen University (1997-1998). Monteiro works in General Equilibrium, Auction Theory, and Non-linear Pricing.
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