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...

This book applies game theory to the phenomenon of terrorism and investigates how the competition for support can influence the attack behavior of terror organizations. In addition, it examines the economics of terrorism. The so-called outbidding theory, which has become increasingly popular...

This Palgrave Pivot examines monotone games and studies incentives and outcomes when there are multiple players, and how the decision of each player affects the well-being of others in particular ways. Games with strategic complements exhibit codirectional incentives, or incentives for each...