Advances in Auctions

Todd Kaplan and Shmuel Zamir ()

No 1405, Discussion Papers from University of Exeter, Department of Economics

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
New Economics Papers: this item is included in nep-cta, nep-gth and nep-mic
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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https://exetereconomics.github.io/RePEc/dpapers/DP1405.pdf (application/pdf)

Related works:
Chapter: Advances in Auctions (2015)
Working Paper: Advances in Auctions (2014)
Working Paper: Advances in Auctions (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:exe:wpaper:1405

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