Directory of Auction Theory Resources

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Auction theory is a type of applied game theory that is concerned with allocation of goods if valuation of the buyers for the goods are unknown.

Resources in This Category

• Winner's Curse Applet

  http://www.gametheory.net/Mike/applets/WinnerCurse/
  Discussion of and applet demonstrating the winner's curse. The applet allows one to try different bidding strategies, and simulates results, calculating expected payoffs.

 

Home > Science > Social Sciences > Economics > Game Theory > Auction Theory

 

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