Putting Auction Theory to Work
1103 Kč 1 148 Kč
Section 1. Getting to Work: 1. Politics sets the stage; 2. Designing for multiple goals; 3. Comparing seller revenues; 4. The academic critics; 5. Plan for this book; Part I. The Mechanism Design Approach; Section 2. Vickrey-Clarke-Groves Mechanisms: 6. Formulation; 7. Always optimal and weakly dominant strategies; 8. Balancing the budget; 9. Uniqueness; 10. Disadvantages of the Vickrey auction; 11. Conclusion; Section 3. The Envelope Theorem and Payoff Equivalence: 12. Hottelling\'s lemma; 13. The envelope theorem in integral form; 14. Quasi-linear payoffs; 15. Conclusion; Section 4. Bidding Equilibrium and Revenue Differences: 16. The single crossing conditions; 17. Deriving and verifying equilibrium strategies; 18. Revenue comparisons in the benchmark model; 19. Expected-revenue maximizing auctions; 20. Conclusion; Section 5. Interdependence of Types and Values: 21. Which models and assumptions are \'useful\'?; 22. Statistical dependence and revenue-maximizing auctions; 23. Wilson\'s drainage tract model; 24. Correlated types model interdependent values; 25. Conclusion; Section 6. Auctions in Context: 26. The profit and surplus contribution of an entrant; 27. Symmetric models with costly entry; 28. Asymmetric models: devices to promote competition; 29. After the bidding ends; 30. Conclusion; Part II. Multi-Unit Auctions; Section 7. Uniform Price Auctions: 31. Uniform price sealed bid auctions; 32. Simultaneous ascending auctions; 33. Conclusion; Section 8. Package Auctions and Combinatorial Bidding: 34. Vickrey auctions and the monotonicity problems; 35. Bernheim-Whinston first-price package auctions; 36. Ausubel-Milgrom ascending proxy auctions; 37. Conclusion.
Autor: | Milgrom, Jeannette; Martin, Paul R.; Negri, Lisa M. |
Nakladatel: | Cambridge University Press |
ISBN: | 9780521536721 |
Rok vydání: | 2004 |
Jazyk : | Angličtina |
Vazba: | brožovaná/paperback |
Počet stran: | 396 |
-
Discovering Prices
Milgrom, Jeannette; Martin, Paul R.; Negri, Lisa M.
-
The Cambridge Companion to Literature...
-
Think 5: Teacher´s Book
Puchta, Herbert
-
Kid´s Box 1 Updated 2nd Edition: Pres...
Caroline Nixon, Michael Tomlinson
-
Essential Grammar in Use Supp.Exercis...
Naylor Helen, Murphy Raymond,
-
English Vocabulary in Use: Advanced B...
McCarthy Michael
-
Cambridge English First 2 Student´s B...
-
More! Level 3 Workbook with Audio CD ...
Puchta Herbert, Stranks Jeff,
-
English Vocabulary in Use Pre-interme...
Stuart Redman
-
More! Level 4 Workbook with Audio CD ...
Puchta Herbert, Stranks Jeff,
-
English in Mind 2e 2: Student´s Book ...
Puchta Herbert, Stranks Jeff,
-
Grammar Games
Kolektiv Autorů
-
Objective CAE (updated exam): Student...
O´Dell Felicity
-
Vocabulary in Practice 3 Pre-intermed...
Pye Glennis
-
More! Level 1 Workbook with Audio CD ...
Puchta Herbert, Stranks Jeff,
-
Face2face Advanced Teacher´s Book wit...
Kolektiv Autorů