Advances in Auctions

Todd R. Kaplan, Shmuel Zamir

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

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.

Original languageEnglish
Title of host publicationHandbook of Game Theory with Economic Applications
PublisherElsevier
Pages381-453
Number of pages73
Edition1
DOIs
StatePublished - 2015

Publication series

NameHandbook of Game Theory with Economic Applications
Number1
Volume4
ISSN (Print)1574-0005

Bibliographical note

Publisher Copyright:
© 2015 Elsevier B.V.

Keywords

  • All-pay auctions
  • Auctions
  • Dynamic auctions
  • Monotone equilibrium
  • Multiunit auctions
  • Position auctions
  • Private-value auctions
  • Resale
  • Spectrum auctions

ASJC Scopus subject areas

  • Statistics and Probability
  • Economics and Econometrics
  • Statistics, Probability and Uncertainty
  • Applied Mathematics

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