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Discovering Prices: Auction Design in Markets with Complex Constraints

De (autor): Paul Milgrom

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Discovering Prices: Auction Design in Markets with Complex Constraints - Paul Milgrom

Discovering Prices: Auction Design in Markets with Complex Constraints

De (autor): Paul Milgrom

review Goodreads
Paul Milgrom describes how auctions can be used to discover prices and guide efficient resource allocations. Milgrom roots his new theories in real-world examples (including the ambitious U.S. incentive auction of radio frequencies, whose design he led) and provides economists with crucial new tools for solving complex resource allocation problems.
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Paul Milgrom describes how auctions can be used to discover prices and guide efficient resource allocations. Milgrom roots his new theories in real-world examples (including the ambitious U.S. incentive auction of radio frequencies, whose design he led) and provides economists with crucial new tools for solving complex resource allocation problems.
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