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Auction theory /

Through accessible, detailed examinations of themes central to auction theory, Vijay Krishna explores auctions and competitive bidding as games of incomplete information. His results on bidding strategies, efficiency, and revenue maximization, and his clear proofs for each proposition, make this boo...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Krishna, Vijay
Formato: Electrónico eBook
Idioma:Inglés
Publicado: San Diego : Academic Press, ©2002.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Private Value Auctions; The Revenue Equivalence Principle; Qualifications and Extensions; Mechanism Design; Auctions with Interdependent Values; The Revenue Ranking ("Linkage") Principle; Asymmetries and Other Complications; Efficiency and the English Auction; Mechanism Design with Interdependent Values; Bidding Rings; An Introduction to Multiple Object Auctions; Equilibrium and Efficiency with Private Values; Some Revenue Considerations; Sequential Sales; Nonidentical Objects; Multiple Objects and Interdependent Values; Appendices: Continuous Distributions' Stochastic Orders; Order Statistics; Affiliated Random Variables; Some Linear Algebra; Games of Incomplete Information; Existence of Equilibrium in First-Price Auctions.