TY - BOOK
T1 - An Introduction to Auction Theory
Y1 - 2004
A1 - Flavio M. Menezes
A1 - Paulo K. Monteiro
KW - affiliated values model
KW - auction theory
KW - Bayesian Nash equilibrium
KW - common values model
KW - multiple objects
KW - private values model
KW - Revenue Equivalence Theorem
AB - This book presents an in-depth discussion of the auction theory. It introduces the concept of Bayesian Nash equilibrium and the idea of studying auctions as games. Private, common, and affiliated values models and multi-object auction models are described. A general version of the Revenue Equivalence Theorem is derived and the optimal auction is characterized to relate the field of mechanism design to auction theory.
PB - Oxford University Press
SN - 9780199275984
UR - http://www.oxfordscholarship.com/view/10.1093/019927598X.001.0001/acprof-9780199275984
ER -