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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Main Author: Klemperer, P
Format: Working paper
Published: University of Oxford 2000
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author Klemperer, P
author_facet Klemperer, P
author_sort Klemperer, P
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description 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 useful arguments and insights in a broad range of mainstream economic settings that do not, at first sight, look like auctions. We also discuss some more obvious applications, especially to industrial organization.
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spelling oxford-uuid:209b288c-4ea0-4c9b-925e-861d5cf3284e2022-03-26T11:28:26ZApplying auction theory to economicsWorking paperhttp://purl.org/coar/resource_type/c_8042uuid:209b288c-4ea0-4c9b-925e-861d5cf3284eBulk import via SwordSymplectic ElementsUniversity of Oxford2000Klemperer, PThis 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 useful arguments and insights in a broad range of mainstream economic settings that do not, at first sight, look like auctions. We also discuss some more obvious applications, especially to industrial organization.
spellingShingle Klemperer, P
Applying auction theory to economics
title Applying auction theory to economics
title_full Applying auction theory to economics
title_fullStr Applying auction theory to economics
title_full_unstemmed Applying auction theory to economics
title_short Applying auction theory to economics
title_sort applying auction theory to economics
work_keys_str_mv AT klempererp applyingauctiontheorytoeconomics