Putting Auction Theory to Work
By (author) Paul Milgrom
Normal Price: $79.95
Your Price: $71.96 AUD, inc. GST
Shipping: $7.95 per order
You Save: $8.00! (10% off normal price)
Plus...earn $3.60 in Boomerang Bucks
Availability: Available to Backorder, No Due Date for Supply
Putting Auction Theory to Work by Paul Milgrom
Book DescriptionThis 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.
Buy Putting Auction Theory to Work book by Paul Milgrom from Australia's Online Bookstore, Boomerang Books.
Book DetailsISBN: 9780521536721
(228mm x 152mm x 22mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 12-Jan-2004
Country of Publication: United Kingdom
Books By Author Paul Milgrom
Putting Auction Theory to Work, Hardback (January 2004)» View all books by Paul Milgrom
This book provides a comprehensive introduction to modern auction theory and its important new applications.
» Have you read this book? We'd like to know what you think about it - write a review about Putting Auction Theory to Work book by Paul Milgrom and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a member - it's free to sign up!)
Phone: 1300 36 33 32 (9am-5pm Mon-Fri AEST) - International: +61 2 9960 7998 - Online Form
Address: Boomerang Books, 878 Military Road, Mosman Junction, NSW, 2088
© 2003-2017. All Rights Reserved. Eclipse Commerce Pty Ltd - ACN: 122 110 687 - ABN: 49 122 110 687