The parable of the auctioneer: complexity in Paul R. Milgrom’s Discovering Prices
Designing marketplaces in complex settings requires both novel economic theory and real-world engineering, often drawing upon ideas from fields such as computer science and operations research. In Discovering Prices, Milgrom (2017) explains the theory and design of the United States “Incentive Aucti...
| Váldodahkkit: | , |
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| Materiálatiipa: | Journal article |
| Giella: | English |
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American Economic Association
2020
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