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- W1566554431 abstract "Abstract This book presents an in-depth discussion of the auction theory. It introduces the concept of Bayesian Nash equilibrium and the idea of studying auctions as games. Private, common, and affiliated values models and multi-object auction models are described. A general version of the Revenue Equivalence Theorem is derived and the optimal auction is characterized to relate the field of mechanism design to auction theory." @default.
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- W1566554431 date "2004-11-04" @default.
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- W1566554431 title "An Introduction to Auction Theory" @default.
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