Advances in Auctions

Todd Kaplan and Shmuel Zamir

Chapter 7 in Handbook of Game Theory with Economic Applications, 2015, vol. 4, pp 381-453 from Elsevier

Abstract: As a selling mechanism, auctions have acquired a central position in the free market economy all over the globe. This development has deepened, broadened, and expanded the theory of auctions in new directions. This chapter is intended as a selective update of some of the developments and applications of auction theory in the two decades since Wilson (1992) wrote the previous Handbook chapter on this topic.

Keywords: Auctions; Private-value auctions; Multiunit auctions; All-pay auctions; Resale; Position auctions; Dynamic auctions; Spectrum auctions; Monotone equilibrium; D44; D82; C72; H57 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (8)

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Working Paper: Advances in Auctions (2014)
Working Paper: Advances in Auctions (2014)
Working Paper: Advances in Auctions (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:gamchp:v:4:y:2015:i:c:p:381-453

DOI: 10.1016/B978-0-444-53766-9.00007-0

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