{"product_id":"auction-theory-springer-international-publishing-ag-9783031932700-introductory-exercises-with-answer-keys","title":"Auction Theory","description":"\u003cp\u003eDiscover the intricacies of auction dynamics with \u003cstrong\u003eAuction Theory\u003c\/strong\u003e, authored by leading experts and published by \u003cstrong\u003eSpringer International Publishing AG\u003c\/strong\u003e in 2025. This comprehensive \u003cstrong\u003esecond edition\u003c\/strong\u003e spans \u003cstrong\u003e368 pages\u003c\/strong\u003e and delves into various auction formats, starting with an accessible exploration of second-price auctions that require no calculus. As you progress, you'll encounter increasingly complex auction scenarios, including first-price auctions, all-pay auctions, third-price auctions, and the Revenue Equivalence principle. The book also covers essential topics such as common-value auctions, multi-unit auctions, and procurement auctions. Ideal for students, researchers, and professionals, \u003cstrong\u003eAuction Theory\u003c\/strong\u003e is a must-have resource for anyone looking to deepen their understanding of auction mechanisms and strategies.\u003c\/p\u003e","brand":"Bookshop","offers":[{"title":"Default Title","offer_id":52268984107350,"sku":"9783031932700","price":121.24,"currency_code":"EUR","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0886\/3206\/6390\/files\/9783031932700.jpg?v=1767802361","url":"https:\/\/www.laufgard.com\/products\/auction-theory-springer-international-publishing-ag-9783031932700-introductory-exercises-with-answer-keys","provider":"Bookshop","version":"1.0","type":"link"}