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Advances in Auctions

Listed author(s):
  • Todd R. Kaplan

    (Department of Economics, University of Exeter and University of Haifa)

  • Shmuel Zamir

    (Department of Economics, University of Exeter and the Center for the Study of Rationality, The Henrew University of Jerusalem, Israel)

As a selling mechanism, auctions have acquired a central position in the free market economy all over the globe. This development has deepened, broadened, and expanded the theory of auctions in new directions. This chapter is intended as a selective update of some of the developments and applications of auction theory in the two decades since Wilson (1992) wrote the previous Handbook chapter on this topic.

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File URL: http://people.exeter.ac.uk/cc371/RePEc/dpapers/DP1405.pdf
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Paper provided by Exeter University, Department of Economics in its series Discussion Papers with number 1405.

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Date of creation: 2014
Handle: RePEc:exe:wpaper:1405
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Streatham Court, Rennes Drive, Exeter EX4 4PU

Phone: (01392) 263218
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Web page: http://business-school.exeter.ac.uk/about/departments/economics/

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