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Auction theory: a guided tour

AutorBurguet, Roberto
Palabras claveBidding models
Mechanisms
Market design
Fecha de publicaciónene-2000
EditorFundación SEPI
CitaciónInvestigaciones Economicas 24, 1 (2000), pp. 3-50
SerieUFAE and IAE Working Papers
422.98
ResumenI present an overview of what has been the theoretical analysis of auctions in the last two decades. The goal is to offer a systematic exposition of the main issues addressed by this literature, with more emphasis on why than on what. I present a unified framework that takes the reader through the analysis of both design and positive questions dealing with the workings of several standard institutions. At the end of the tour, the reader will find him or herself inside the realm of market design and the theory of price information.
URIhttp://hdl.handle.net/10261/1937
Aparece en las colecciones: (IAE) Informes y documentos de trabajo
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