{"product_id":"an-introduction-to-auction-theory","title":"An Introduction to Auction Theory","description":"\u003cp\u003eAuction theory is now an important component of an economist's training. The techniques and insights gained from the study of auction theory provide a useful starting point for those who want to venture into the economics of information, mechanism design, and regulatory economics. This book provides a step-by-step, self-contained treatment of the theory of auctions. It allows students and readers with a calculus background to work through all the basic results, covering the basic independent-private-model; the effects of introducing correlation in valuations on equilibrium behaviour and the seller's expected revenue; mechanism design; and the theory of multi-object auctions.\u003c\/p\u003e","brand":"Flavio M. Menezes","offers":[{"title":"Default Title","offer_id":43563616370749,"sku":"9780199275984","price":160.95,"currency_code":"AUD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0597\/7689\/2989\/files\/9780199275984.jpg?v=1788440662","url":"https:\/\/www.palmleaf.com.au\/products\/an-introduction-to-auction-theory","provider":"Palmleaf","version":"1.0","type":"link"}