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Auction Theory: Introductory Exercises with Answer Keys Pak-Sing Choi, Felix Munoz-Garcia ebook
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- ISBN: 9783031932717
- Publisher: Springer-Verlag New York, LLC
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This textbook provides a short introduction to auction theory through exercises with detailed answer keys. Focusing on practical examples, this textbook offers over 98 exercises that predict bidders’ equilibrium behaviour in different auction formats, along with the seller’s strategic incentives to organize one auction format over the other. The book emphasizes game-theoretic tools, so students can apply similar tools to other auction formats. Also included are several exercises based on published...