An Introduction to Auction Theory de Flavio M. Menezes

An Introduction to Auction Theory

Flavio M. Menezes

Paulo K. Monteiro

Auction theory is now an important component of an economist's training. The techniques and insights gained from the study of auction theory provide a useful starting point for those who want to venture into the economics of information, mechanism design, and regulatory economics.This book provides a step-by-step, self-contained treatment of the theory of auctions. It allows students and readers with a calculus background to work through all the basic results, covering the basic independent-private-model; the effects of introducing correlation in valuations on equilibrium behaviour and the seller's expected revenue; mechanism design; and the theory of multi-object auctions.

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	Preț	Express
Paperback (1)	349^.46 lei 31-37 zile
OUP OXFORD – 12 iun 2008	349^.46 lei 31-37 zile
Hardback (1)	417^.08 lei 31-37 zile
OUP OXFORD – 4 noi 2004	417^.08 lei 31-37 zile

Recenzii

Although the book focuses squarely on auctions, it is likely to be helpful in courses dealing with information economics generally. A particular virtue of the book is the tangible, hands-on, approach taken to explaining the revelation principle...a very helpful collection of core results and techniques.

Notă biografică

Professor Flavio Menezes is the Foundation Director of the Australian Centre of Regulatory Economics at the ANU. He has published widely in economics of auctions and is regarded as Australasia's leading auction expert. Flavio Menezes has extensive teaching experience in the areas of game theory, industrial organization, and on the theory of incentives. He has presented seminars and delivered lectures in the Americas, Europe, and the Asia Pacific Region, has lectured to both academic audiences and practitioners, and has rich consulting experience, including advising internationally on a privatisation model for utilities, providing advice on electricity regulatory reform, and reviewing government procurement practices.P. K. Monteiro received his PhD from IMPA in 1988. He has been at several institutions including UFRJ (1989-1993), IMPA (1994-1996, 1998-99), and EPGE-FGV (1999-present). He has been visiting fellow at CORE (1996-1997) and Copenhagen University (1997-1998). Monteiro works in General Equilibrium, Auction Theory, and Non-linear Pricing.