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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
- 2021
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- (Paperback)
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- Title
- Discovering Prices
- Language
- English
- Authors
- Jeannette Milgrom, Paul R. Martin, Lisa M. Negri
- Publisher
- Columbia Univers. Press
- Released
- 2021
- Format
- Paperback
- ISBN10
- 023117599X
- ISBN13
- 9780231175999
- Category
- Business and Economics
- 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.