Coverart for item
The Resource Putting auction theory to work, Paul Milgrom, (electronic resource)

Putting auction theory to work, Paul Milgrom, (electronic resource)

Label
Putting auction theory to work
Title
Putting auction theory to work
Statement of responsibility
Paul Milgrom
Creator
Subject
Language
eng
Summary
Annotation:
Cataloging source
DLC
http://library.link/vocab/creatorDate
1948-
http://library.link/vocab/creatorName
Milgrom, Paul R.
Dewey number
381/.17/01
LC call number
HF5476
LC item number
.M55 2004
Series statement
Churchill lectures in economics
http://library.link/vocab/subjectName
  • Auctions
  • Auction theory
Summary expansion
Providing a comprehensive introduction to modern auction theory and its important new applications, this book 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 volume provides the most up-to-date analysis of traditional theories of "optimal auctions" as well as newer theories of multi-unit auctions and package auctions, and shows by example how these theories are used. It explores the limitations of prominent older designs, such as the Vickrey auction design, and evaluates the practical responses to those limitations. Paul Milgrom is the Leonard and Shirley Ely Professor of Humanities and Sciences and Professor of Economics, Stanford University. He is the author of more than sixty articles and co-author of the influential textbook, Economics, Organization and Management (Prentice Hall, 1992). Professor Milgrom is a pioneer in the economic theory of auctions and co-designer of the simultaneous, multiple round auction that the FCC adopted for selling radio spectrum licenses. <a href="http://www.milgrom.net" target="_blank">Visit the author's website for instructor resources.</a>
Label
Putting auction theory to work, Paul Milgrom, (electronic resource)
Instantiates
Publication
Bibliography note
Includes bibliographical references (p. 339-346) and indexes
Contents
Getting to work -- Vickrey-Clarke-Groves mechanisms -- The envelope theorem and payoff equivalence -- Bidding equilibrium and revenue differences -- Interdependence of types and values -- Auctions in context -- Uniform price auctions -- Package auctions and combinatorial bidding
Control code
OCM1bookssj0000230879
Dimensions
24 cm.
Dimensions
unknown
Extent
xxii, 368 p.
Governing access note
License restrictions may limit access
Isbn
9780521551847
Isbn Type
(hard)
Lccn
2003051544
Other physical details
ill.
Specific material designation
remote
System control number
(WaSeSS)ssj0000230879
Label
Putting auction theory to work, Paul Milgrom, (electronic resource)
Publication
Bibliography note
Includes bibliographical references (p. 339-346) and indexes
Contents
Getting to work -- Vickrey-Clarke-Groves mechanisms -- The envelope theorem and payoff equivalence -- Bidding equilibrium and revenue differences -- Interdependence of types and values -- Auctions in context -- Uniform price auctions -- Package auctions and combinatorial bidding
Control code
OCM1bookssj0000230879
Dimensions
24 cm.
Dimensions
unknown
Extent
xxii, 368 p.
Governing access note
License restrictions may limit access
Isbn
9780521551847
Isbn Type
(hard)
Lccn
2003051544
Other physical details
ill.
Specific material designation
remote
System control number
(WaSeSS)ssj0000230879

Library Locations

    • Thomas Jefferson LibraryBorrow it
      1 University Blvd, St. Louis, MO, 63121, US
      38.710138 -90.311107
Processing Feedback ...