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Discovering Prices

- Auction Design in Markets with Complex Constraints

About Discovering Prices

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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  • Language:
  • English
  • ISBN:
  • 9780231175999
  • Binding:
  • Paperback
  • Pages:
  • 248
  • Published:
  • April 5, 2021
  • Dimensions:
  • 217x139x19 mm.
  • Weight:
  • 310 g.
  In stock
Delivery: 3-5 business days
Expected delivery: November 30, 2024

Description of Discovering Prices

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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