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Language EnglishEnglish
Book Paperback
Book Auctions Timothy P Hubbard
Libristo code: 02912664
Publishers MIT Press Ltd, January 2016
Although it is among the oldest of market institutions, the auction is ubiquitous in today's economy... Full description
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Although it is among the oldest of market institutions, the auction is ubiquitous in today's economy, used for everything from government procurement to selling advertising on the Internet to course assignment at MIT's Sloan School. And yet beyond the small number of economists who specialize in the subject, few people understand how auctions really work. This concise, accessible, and engaging book explains both the theory and the practice of auctions. It describes the main auction formats and pricing rules, develops a simple model to explain bidder behavior, and provides a range of real-world examples.

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About the book

Full name Auctions
Language English
Binding Book - Paperback
Date of issue 2016
Number of pages 264
EAN 9780262528535
ISBN 0262528533
Libristo code 02912664
Publishers MIT Press Ltd
Weight 236
Dimensions 178 x 130 x 23
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