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Discovering Prices: Auction Design in Markets with Complex Constraints

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    Discovering Prices: Auction Design in Markets with Complex Constraints

    Trda - 23. maj 2017
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    ISBN/EAN:P_9780231175982
    Redna cena: 31,05 €

    Paul Milgrom describes how auctions can be used to discover prices and guide efficient resource allocations. Milgrom roots his new theories in real-world examples (including the ambitious U.S. incentive auction of radio frequencies, whose design he led) and provides economists with crucial new tools for solving complex resource allocation problems.

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    Paul Milgrom describes how auctions can be used to discover prices and guide efficient resource allocations. Milgrom roots his new theories in real-world examples (including the ambitious U.S. incentive auction of radio frequencies, whose design he led) and provides economists with crucial new tools for solving complex resource allocation problems.

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