Auction Theory
Introductory Exercises with Answer Keys
2., Second Edition 2025
Springer
ISBN 978-3-031-93270-0
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Bibliografische Daten
Fachbuch
Buch. Hardcover
2., Second Edition 2025. 2025
50 Farbabbildungen.
In englischer Sprache
Umfang: xv, 370 S.
Format (B x L): 15,5 x 23,5 cm
Verlag: Springer
ISBN: 978-3-031-93270-0
Weiterführende bibliografische Daten
Das Werk ist Teil der Reihe: Springer Texts in Business and Economics
Produktbeschreibung
The book begins with a discussion of second-price auctions, which can be studied without using calculus, and works through progressively more complicated auction scenarios: first-price auctions, all-pay auctions, third-price auctions, the Revenue Equivalence principle, common-value auctions, multi-unit auctions, and procurement auctions. Exercises in each chapter are ranked according to their difficulty, with a letter (A-C) next to the exercise title, which allows students to pace their studies accordingly. The authors also offer a list of suggested exercises for each chapter, for instructors teaching at varying levels: undergraduate, Masters, Ph.D.
Revised and updated for the second edition, this textbook includes new and expanded exercises as well as a mathematical appendix to help students review basic math and statistical properties frequently used throughout the book. Providing a practical, customizable approach to auction theory, it is appropriate for students of economics, finance, and business administration. This book may also be used for related classes such as game theory, market design, economics of information, contract theory, or topics in microeconomics.
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