{"product_id":"introduction-to-auction-theory","title":"Introduction to Auction Theory","description":"Auction 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.\n\nThis 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.","brand":"Oxford University Press","offers":[{"title":"Default Product","offer_id":54227919733080,"sku":"9780199275984","price":79.99,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0278\/1295\/4195\/files\/9780199275984__6774d03178337.jpg?v=1741134922","url":"https:\/\/agendabookshop.com\/products\/introduction-to-auction-theory","provider":"Agenda Bookshop","version":"1.0","type":"link"}