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Auctions: Theory and practice
Published 2004“…Includes an elementary, nontechnical survey of auction theory. Other papers discuss why every economist should learn some auction theory; what really matters in auction design; the use and abuse of auction theory; the 3G mobile-phone license auctions held in the United Kingdom, the Netherlands, Germany, Italy, Austria, Switzerland, Belgium, Greece, and Denmark; how economists designed the U.K. 3G mobile-phone license auction; bidder strategies in the British and German 3G telecom auctions; and whether auctions were a good idea. …”
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Auctions: Theory and Practice.
Published 2004“…This book is a non-technical introduction to auction theory; its practical application in auction design (including many examples); and its uses in other parts of economics. …”
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Applying Auction Theory to Economics.
Published 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. …”
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Applying auction theory to economics
Published 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. …”
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Auction Theory: a Guide to the Literature.
Published 1999“…This paper provides an elementary, non-technical, survey of auction theory, by introducing and describing some of the critical papers in the subject. …”
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Auction Theory: A Guide to the Literature.
Published 1999“…This paper provides an elementary, non-technical, survey of auction theory, by introducing and describing some of the critical papers in the subject. …”
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Auction Theory: a Guide to the Literature.
Published 1999“…This paper, forthcoming in Journal of Economic Surveys, provides an elementary non-technical, survey of auction theory, by introducing and describing some of the critical papers in the subject. …”
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Auction theory and a note on game mechanisms
Published 2021-05-01“…This paper will review important topics on the subject of auction theory and mechanism design, these include: efficiency first and foremost, also revenue comparison between different types of auctions and the issue of incentive compatibility, individual rationality with the general idea and proof that bilateral trade is inefficient. …”
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Why every Economist should Learn some Auction Theory.
Published 2000“…We discuss the strong connections between auction theory and 'standard' economic theory, and argue that auction-theoretic tools and intuitions can provide useful argument and insights in a broad range of mainstream economic settings that do not, at first sight, look like auctions. …”
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From auction theory to market design: Paul Milgrom and Robert Wilson’s contributions to Economics
Published 2021-02-01“…Both laureates have made seminal, crucial contributions to auction theory and practical market design. Here, we briefly describe those contributions and their significance within the general context of auction theory and practice. …”
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