Private value - PowerPoint PPT Presentation

Strategic Play for Markets and Auctions 45-975

Strategic Play for Markets and Auctions 45-975. Professor Robert A. Miller Mini 4, 2005. Course Materials. Course Website: http://www.comlabgames.com/45-975 Text: Robert A. Miller and Vesna Prasnikar Strategic Play, Stanford University Press, 2004 A draft can be found at:

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Auctions

Auctions. Hal R. Varian. Auctions. Auctions are very useful mean of price discovery eBay, everyone’s favorite example DoveBid, high value, not so well known Overture and Google sell ads via an auction. Theory. One item to auction off, 1 seller, many buyers

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286 views • 6 slides

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