Can I read Auction Theory: Introductory Exercises with Answer Keys (Springer Texts in Business and Economics) on EtoBox?

Auction Theory: Introductory Exercises with Answer Keys (Springer Texts in Business and Economics) by Pak-Sing Choi,Felix Munoz-Garcia (auth.) is a nonfiction available to read on EtoBox.

What is Auction Theory: Introductory Exercises with Answer Keys (Springer Texts in Business and Economics) about?

This textbook provides a short introduction to auction theory through exercises with detailed answer keys. Focusing on practical examples, this textbook offers over 80 exercises that predict bidders’ equilibrium behaviour in different auction formats, along with the seller’s strategic incentives to organize one auction format over the other. The book emphasizes game-theoretic tools, so students can apply similar tools to other auction formats. Also included are several exercises based on published articles, with the model reduced to its main elements and the question divided into several easy-to-answer parts. Little mathematical background in algebra and calculus is assumed, and most algebraic steps and simplifications are provided, making the text ideal for upper undergraduate and graduate students. The book begins with a discussion of second-price auctions, which can be studied without using calculus, and works through progressively more complicated auction scenarios: first-price auctions, all-pay auctions, third-price auctions, the Revenue Equivalence principle, common-value auctions, multi-unit auctions, and procurement auctions. Exercises in each chapter are ranked according t

Who reads Auction Theory: Introductory Exercises with Answer Keys (Springer Texts in Business and Economics)?

Author

Pak-Sing Choi,Felix Munoz-Garcia (auth.)

Publisher

Springer International Publishing : Imprint: Springer

Published

2021

Language

EN

ISBN

9783030695767

Category

nonfiction

Subjects

Mathematics, Business, Economics