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Advances in Auctions

Todd Kaplan and Shmuel Zamir ()

MPRA Paper from University Library of Munich, Germany

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; Multi-Unit Auctions; All-Pay Auctions; Resale; Position Auctions; Dynamic Auctions; Spectrum Auctions; Monotone Equilibrium (search for similar items in EconPapers)
JEL-codes: C72 D44 D82 H57 (search for similar items in EconPapers)
Date: 2014-03-20
New Economics Papers: this item is included in nep-cta, nep-gth and nep-hpe
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)

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Related works:
Chapter: Advances in Auctions (2015) Downloads
Working Paper: Advances in Auctions (2014) Downloads
Working Paper: Advances in Auctions (2014) Downloads
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