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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.
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Discovering Prices, Jeannette Milgrom, Paul R. Martin, Lisa M. Negri
- Language
- Released
- 2017
- product-detail.submit-box.info.binding
- (Hardcover)
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- Title
- Discovering Prices
- Language
- English
- Authors
- Jeannette Milgrom, Paul R. Martin, Lisa M. Negri
- Publisher
- Columbia University Press
- Released
- 2017
- Format
- Hardcover
- ISBN10
- 0231175981
- ISBN13
- 9780231175982
- Description
- 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.