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The Economic Theory of Auctions
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Арт. 9781858988702
49 730 ₽
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Характеристики
Страницы
:
1416
Страна происхождения
:
Соединенное Королевство Великобритании и Северной Ирландии
Размеры (мм)
:
244x169x57
Вес(г)
:
1406
Цена действительна только для интернет-магазина и может отличаться от цен в розничных магазинах
This major two volume collection presents some of the most influential theoretical and empirical papers on the economic theory of auctions.
Auction theory has been the basis of fundamental theoretical work in industrial economics, public economics, labour economics and finance, and has helped the understanding of price formation in markets. There has recently been an explosion of interest in its practical applications, especially in organising the sale of government assets (for example, treasury bonds, radio spectrum licenses, and firms to be privatised) and in developing new markets for electricity and transport. Because auctions are such simple and well defined environments, they provide a valuable testing ground for economic theory that has been increasingly exploited in empirical work.
The book will also include important previously unpublished papers by P.R. Milgrom, R. Weber and A. Ortega-Reichert, and other hard-to-find papers by W. Vickery and others.
Auction theory has been the basis of fundamental theoretical work in industrial economics, public economics, labour economics and finance, and has helped the understanding of price formation in markets. There has recently been an explosion of interest in its practical applications, especially in organising the sale of government assets (for example, treasury bonds, radio spectrum licenses, and firms to be privatised) and in developing new markets for electricity and transport. Because auctions are such simple and well defined environments, they provide a valuable testing ground for economic theory that has been increasingly exploited in empirical work.
The book will also include important previously unpublished papers by P.R. Milgrom, R. Weber and A. Ortega-Reichert, and other hard-to-find papers by W. Vickery and others.
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Язык
Формат
Страницы
1416
Год издания
Страна происхождения
Соединенное Королевство Великобритании и Северной Ирландии
