An Introduction to Auction Theory
Summary
The feel-good place to buy books
An Introduction to Auction Theory by Flavio M Menezes
Auction theory is now an important component of an economist's training. The techniques and insights gained from the study of auction theory provide a useful starting point for those who want to venture into the economics of information, mechanism design, and regulatory economics. This book provides a step-by-step, self-contained treatment of the theory of auctions. It allows students and readers with a calculus background to work through all the basic results, covering the basic independent-private-model; the effects of introducing correlation in valuations on equilibrium behaviour and the seller's expected revenue; mechanism design; and the theory of multi-object auctions.
Although the book focuses squarely on auctions, it is likely to be helpful in courses dealing with information economics generallyA particular virtue of the book is the tangible, hands-on, approach taken to explaining the revelation principle...a very helpful collection of core results and techniques. * John Asker Economic Record *
Professor Flavio Menezes is the Foundation Director of the Australian Centre of Regulatory Economics at the ANU. He has published widely in economics of auctions and is regarded as Australasia's leading auction expert. Flavio Menezes has extensive teaching experience in the areas of game theory, industrial organization, and on the theory of incentives. He has presented seminars and delivered lectures in the Americas, Europe, and the Asia Pacific Region, has lectured to both academic audiences and practitioners, and has rich consulting experience, including advising internationally on a privatisation model for utilities, providing advice on electricity regulatory reform, and reviewing government procurement practices. P. K. Monteiro received his PhD from IMPA in 1988. He has been at several institutions including UFRJ (1989-1993), IMPA (1994-1996, 1998-99), and EPGE-FGV (1999-present). He has been visiting fellow at CORE (1996-1997) and Copenhagen University (1997-1998). Monteiro works in General Equilibrium, Auction Theory, and Non-linear Pricing.
| SKU | NIN9780199275984 |
| ISBN 13 | 9780199275984 |
| ISBN 10 | 019927598X |
| Title | An Introduction to Auction Theory |
| Author | Flavio M Menezes |
| Condition | New |
| Binding Type | Hardback |
| Publisher | Oxford University Press |
| Year published | 2004-11-04 |
| Number of pages | 192 |
| Cover note | Book picture is for illustrative purposes only, actual binding, cover or edition may vary. |
| Note | This is a new book - be the first to read this copy. With untouched pages and a perfect binding, your brand new copy is ready to be opened for the first time |
