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Discovering Prices – Auction Design in Markets with Complex Constraints de Paul Milgrom

Discovering Prices – Auction Design in Markets with Complex Constraints: Kenneth J. Arrow Lecture Series

Autor Paul Milgrom
en Limba Engleză Paperback – 10 mai 2021
Paul Milgrom describes how auctions can be used to discover prices and guide efficient resource allocations. Milgrom roots his new theories in real-world examples (including the ambitious U.S. incentive auction of radio frequencies, whose design he led) and provides economists with crucial new tools for solving complex resource allocation problems.
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Specificații

ISBN-13: 9780231175999
ISBN-10: 023117599X
Pagini: 248
Dimensiuni: 143 x 216 x 15 mm
Greutate: 0.34 kg
Editura: Columbia University Press
Seria Kenneth J. Arrow Lecture Series

Notă biografică

Paul Milgrom is the Shirley R. and Leonard W. Ely, Jr. Professor of Humanities and Sciences in the Department of Economics at Stanford University. He was awarded the 2020 Nobel Memorial Prize in Economic Sciences. His books include Putting Auction Theory to Work (2004) and Economics, Organization, and Management (1992). He has also written dozens of articles on auction design, game theory, and macro- and microeconomics.

Cuprins

Preface
1. Introduction
2. (Near-)Substitutes, Prices, and Stability
3. Vickrey Auctions and Substitution
4. Deferred-Acceptance Auctions and Near-Substitutes
5. Conclusion
Notes
References
Index