Discovering Prices

Discovering Prices

Autor

Paul Milgrom

Editura

Columbia University Press

An publicare

2017

Nr. Pagini

248

ISBN

9780231175982

Categorii

In Limbi Străine

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Descriere

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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