Preface -- Preferences and utility -- Demand theory -- Demand theory : applications -- Production theory -- Choice under uncertainty -- Partial and general equilibrium -- Monopoly -- Imperfect competition -- Externalities and public goods -- Contract theory -- Notes -- Index

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...