{"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\n\u003cbr\u003ethe 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\n\u003cbr\u003etheory of multi-object auctions.\u003c\/p\u003e","brand":"Oxford University Press","offers":[{"title":"Default Title","offer_id":46058638573806,"sku":"9780199275984","price":130.04,"currency_code":"AUD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0630\/9612\/7726\/files\/9780199275984.jpg?v=1736480020","url":"https:\/\/bookland.com.au\/products\/an-introduction-to-auction-theory","provider":"Book Land AU","version":"1.0","type":"link"}