Amvik eBook Solutions

A guide to modeling and analyzing auctions, with the applications of game theory and auction theory to real-world auction decision making. Auctions are highly s

An international team of experts covers the pros and cons of different auction formats and lessons learned in the field.

First edition published: Boston: Pearson Addison Wesley, 2007.

Traditional economic theory studies idealized markets in which prices alone can guide efficient allocation, with no need for central organization. Such models b

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 st