Applying auction theory to economics

This is a preliminary draft of an Invited Symposium paper for the World Congress of the Econometric Society to be held in Seattle in August 2000. We discuss the strong connections between auction theory and standard economic theory, and argue that auction-theoretic tools and intuitions can provide u...

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Bibliographic Details
Main Author: Klemperer, P
Format: Working paper
Published: University of Oxford 2000