001436858 000__ 04478cam\a2200577\a\4500 001436858 001__ 1436858 001436858 003__ OCoLC 001436858 005__ 20230309004117.0 001436858 006__ m\\\\\o\\d\\\\\\\\ 001436858 007__ cr\un\nnnunnun 001436858 008__ 210527s2021\\\\sz\\\\\\ob\\\\001\0\eng\d 001436858 019__ $$a1284942137 001436858 020__ $$a9783030695750$$q(electronic bk.) 001436858 020__ $$a3030695751$$q(electronic bk.) 001436858 020__ $$z3030695743 001436858 020__ $$z9783030695743 001436858 0247_ $$a10.1007/978-3-030-69575-0$$2doi 001436858 035__ $$aSP(OCoLC)1252844155 001436858 040__ $$aYDX$$beng$$epn$$cYDX$$dGW5XE$$dEBLCP$$dOCLCO$$dOCLCF$$dUKAHL$$dQGK$$dOCLCQ$$dOCLCO$$dOCLCQ$$dCOM$$dOCLCQ 001436858 049__ $$aISEA 001436858 050_4 $$aHB172 001436858 08204 $$a338.5$$223 001436858 1001_ $$aChoi, Pak-Sing,$$eauthor. 001436858 24510 $$aAuction theory :$$bintroductory exercises with answer keys /$$cPak-Sing Choi, Felix Munoz-Garcia. 001436858 260__ $$aCham, Switzerland :$$bSpringer,$$c2021. 001436858 300__ $$a1 online resource 001436858 336__ $$atext$$btxt$$2rdacontent 001436858 337__ $$acomputer$$bc$$2rdamedia 001436858 338__ $$aonline resource$$bcr$$2rdacarrier 001436858 4901_ $$aSpringer texts in business and economics,$$x2192-4333 001436858 504__ $$aIncludes bibliographical references and index. 001436858 5050_ $$aChapter 1: Second-price auctions -- Chapter 2: First-price auctions -- Chapter 3: First-price auctions, Extensions -- Chapter 4: All-pay auctions and auctions with asymmetrically informed bidders -- Chapter 5: Third-price auctions, kth-price auctions, and lotteries -- Chapter 6: The Revenue Equivalence principle -- Chapter 7: Common-value auctions -- Chapter 8: Multi-unit auctions -- Chapter 9: Mechanism design -- Chapter 10: Procurement auctions -- Game Theory Appendix -- References. 001436858 506__ $$aAccess limited to authorized users. 001436858 520__ $$aThis textbook provides a short introduction to auction theory through exercises with detailed answer keys. Focusing on practical examples, this textbook offers over 80 exercises that predict bidder' equilibrium behaviour in different auction formats, along with the seller's strategic incentives to organize one auction format over the other. The book emphasizes game-theoretic tools, so students can apply similar tools to other auction formats. Also included are several exercises based on published articles, with the model reduced to its main elements and the question divided into several easy-to-answer parts. Little mathematical background in algebra and calculus is assumed, and most algebraic steps and simplifications are provided, making the text ideal for upper undergraduate and graduate students. The book begins with a discussion of second-price auctions, which can be studied without using calculus, and works through progressively more complicated auction scenarios: first-price auctions, all-pay auctions, third-price auctions, the Revenue Equivalence principle, common-value auctions, multi-unit auctions, and procurement auctions. Exercises in each chapter are ranked according to their difficulty, with a letter (A-C) next to the exercise title, which allows students to pace their studies accordingly. The authors also offer a list of suggested exercises for each chapter, for instructors teaching at varying levels: undergraduate, Masters, Ph. D. Providing a practical, customizable approach to auction theory, this textbook is appropriate for students of economics, finance, and business administration. This book may also be used for related classes such as game theory, market design, economics of information, contract theory, or topics in microeconomics. 001436858 588__ $$aOnline resource; title from PDF title page (SpringerLink, viewed June 4, 2021). 001436858 650_0 $$aAuction theory$$vProblems, exercises, etc. 001436858 650_6 $$aThéorie des enchères$$vProblèmes et exercices. 001436858 655_7 $$aexercise books.$$2aat 001436858 655_7 $$aProblems and exercises.$$2fast$$0(OCoLC)fst01423783 001436858 655_7 $$aProblems and exercises.$$2lcgft 001436858 655_7 $$aProblèmes et exercices.$$2rvmgf 001436858 655_0 $$aElectronic books. 001436858 7001_ $$aMuñoz-Garcia, Felix,$$eauthor. 001436858 77608 $$iPrint version:$$aChoi, Pak-Sing.$$tAuction theory.$$dCham, Switzerland : Springer, 2021$$z3030695743$$z9783030695743$$w(OCoLC)1231959958 001436858 830_0 $$aSpringer texts in business and economics,$$x2192-4333 001436858 852__ $$bebk 001436858 85640 $$3Springer Nature$$uhttps://univsouthin.idm.oclc.org/login?url=https://link.springer.com/10.1007/978-3-030-69575-0$$zOnline Access$$91397441.1 001436858 909CO $$ooai:library.usi.edu:1436858$$pGLOBAL_SET 001436858 980__ $$aBIB 001436858 980__ $$aEBOOK 001436858 982__ $$aEbook 001436858 983__ $$aOnline 001436858 994__ $$a92$$bISE