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Language
English
English
Book
Paperback
Although it is among the oldest of market institutions, the auction is ubiquitous in today's economy...
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Libristo code: 02912664
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Although it is among the oldest of market institutions, the auction is ubiquitous in today's economy, used for everything from government procurement to selling advertising on the Internet to course assignment at MIT's Sloan School. And yet beyond the small number of economists who specialize in the subject, few people understand how auctions really work. This concise, accessible, and engaging book explains both the theory and the practice of auctions. It describes the main auction formats and pricing rules, develops a simple model to explain bidder behavior, and provides a range of real-world examples.
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About the book
Full name
Auctions
Author
Timothy P Hubbard
Language
English
English
Binding
Book - Paperback
Date of issue
2016
Number of pages
264
EAN
9780262528535
ISBN
0262528533
Libristo code
02912664
Publishers
MIT Press Ltd
Weight
236
Dimensions
178 x 130 x 23
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