In recent years, auctions have become an important field and many markets have designed new and sophisticated auction models to assign different types of items.

The book elaborates the basic principles of Auction Theory in a non-technical language so as to make them easily accessible to even those not trained in the dis

How auctions work, in theory and practice, with clear explanations and real-world examples that range from government procurement to eBay. Although it is among

The book elaborates the basic principles of Auction Theory in a non-technical language so as to make them easily accessible to even those not trained in the dis

Governments use them to sell everything from oilfields to pollution permits, and to privatize companies; consumers rely on them to buy baseball tickets and hote