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Understanding auctions / Asuncion Mochon and Yago Saez.

By: Contributor(s): Material type: TextTextSeries: Springer texts in business and economicsPublication details: New York : Springer, 2015.Description: xvii, 148 p. ; illustrationsISBN:
  • 9783319088129 (hard cover : alk. paper)
Subject(s): DDC classification:
  • 381.17 23 M688
Contents:
1. Auction Basics -- 2. Standard Single-Unit Auctions -- 3. Other Single-Unit Auctions -- 4. Assigning Multiple Homogeneous Items in a Single Auction -- 5. Sequential and Simultaneous Auctions -- 6. Double Auctions -- 7. Introduction to Combinatorial Auctions -- 8. Combinatorial Auction Models -- 9. Online Auctions.- References -- References-- Glossary -- Index.
Summary: The prime goal of this book is to set an organized classification of the main auction mechanisms in a way that readers can understand the importance of auction design and the advantages and drawbacks of each model. Given the relevance of the subject, there is a great volume of research about this topic. Nevertheless, most of these contributions use complex mathematical language difficult to understand for the average reader. In this book, the authors summarize the main ideas of the auction theory and explain them with simple language and plenty of examples. This book is a good starting point for any researcher interested in embracing the auction design as it also includes numerous real-world examples to engage the reader in the topic.
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Holdings
Item type Current library Call number Status Date due Barcode Item holds
Books ISI Library, Kolkata 381.17 M688 (Browse shelf(Opens below)) Available 136318
Total holds: 0

Includes bibliographical references and index.

1. Auction Basics --
2. Standard Single-Unit Auctions --
3. Other Single-Unit Auctions --
4. Assigning Multiple Homogeneous Items in a Single Auction --
5. Sequential and Simultaneous Auctions --
6. Double Auctions --
7. Introduction to Combinatorial Auctions --
8. Combinatorial Auction Models --
9. Online Auctions.- References --
References--
Glossary --
Index.

The prime goal of this book is to set an organized classification of the main auction mechanisms in a way that readers can understand the importance of auction design and the advantages and drawbacks of each model. Given the relevance of the subject, there is a great volume of research about this topic. Nevertheless, most of these contributions use complex mathematical language difficult to understand for the average reader. In this book, the authors summarize the main ideas of the auction theory and explain them with simple language and plenty of examples. This book is a good starting point for any researcher interested in embracing the auction design as it also includes numerous real-world examples to engage the reader in the topic.

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