Choi, Pak-Sing; Munoz-Garcia, Felix - 2021 - 1st ed. 2021.
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 …
