Discovering Prices Auction Design in Markets with Complex Constraints |
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| Author:
| Milgrom, Paul |
| Series title: | Kenneth J. Arrow Lecture Ser. |
| ISBN: | 978-0-231-54457-3 |
| Publication Date: | Jun 2017 |
| Publisher: | Columbia University Press
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| Book Format: | Ebook |
| List Price: | USD $27.99 |
Book Description:
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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.
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.