期刊全称 | Auction Theory | 期刊简称 | Introductory Exercis | 影响因子2023 | Pak-Sing Choi,Felix Munoz-Garcia | 视频video | | 发行地址 | Presents 83 worked-out exercises on auction theory.Provides algebra support and step-by-step calculations.Includes exercises based on foundational journal articles.Ranks exercises according to difficu | 学科分类 | Springer Texts in Business and Economics | 图书封面 |  | 影响因子 | .This textbook provides a short introduction to auction theory through exercises with detailed answer keys. Focusing on practical examples, this textbook offers over 80 exercises that predict bidders’ equilibrium behaviour in different auction formats, along with the seller’s strategic incentives to organize one auction format over the other. The book emphasizes game-theoretic tools, so students can apply similar tools to other auction formats. Also included are several exercises based on published articles, with the model reduced to its main elements and the question divided into several easy-to-answer parts. Little mathematical background in algebra and calculus is assumed, and most algebraic steps and simplifications are provided, making the text ideal for upper undergraduate and graduate students..The book begins with a discussion of second-price auctions, which can be studied without using calculus, and works through progressively more complicated auction scenarios: first-price auctions, all-pay auctions, third-price auctions, the Revenue Equivalence principle, common-value auctions, multi-unit auctions, and procurement auctions. Exercises in each chapter are ranked according | Pindex | Textbook 2021 |
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