040831 UK Auction Theory and Applications (2011S)
Continuous assessment of course work
Labels
First lecture on Thu. March 3 at 14.30.
No lectures on Thu. March 10.
No lectures on Thu. March 10.
Registration/Deregistration
Note: The time of your registration within the registration period has no effect on the allocation of places (no first come, first served).
- Registration is open from Mo 07.02.2011 09:00 to Th 17.02.2011 17:00
- Registration is open from We 23.02.2011 09:00 to Th 31.03.2011 14:00
- Deregistration possible until Th 31.03.2011 23:59
Details
max. 50 participants
Language: English
Lecturers
Classes (iCal) - next class is marked with N
- Thursday 03.03. 14:30 - 16:00 Elise Richter-Saal Hauptgebäude, 1.Stock, Stiege 1
- Thursday 10.03. 11:30 - 13:00 Elise Richter-Saal Hauptgebäude, 1.Stock, Stiege 1
- Thursday 10.03. 14:30 - 16:00 Elise Richter-Saal Hauptgebäude, 1.Stock, Stiege 1
- Thursday 17.03. 11:30 - 13:00 Elise Richter-Saal Hauptgebäude, 1.Stock, Stiege 1
- Thursday 17.03. 14:30 - 16:00 Elise Richter-Saal Hauptgebäude, 1.Stock, Stiege 1
- Thursday 24.03. 11:30 - 13:00 Elise Richter-Saal Hauptgebäude, 1.Stock, Stiege 1
- Thursday 24.03. 14:30 - 16:00 Elise Richter-Saal Hauptgebäude, 1.Stock, Stiege 1
- Thursday 31.03. 11:30 - 13:00 Elise Richter-Saal Hauptgebäude, 1.Stock, Stiege 1
- Thursday 31.03. 14:30 - 16:00 Elise Richter-Saal Hauptgebäude, 1.Stock, Stiege 1
- Thursday 07.04. 11:30 - 13:00 Elise Richter-Saal Hauptgebäude, 1.Stock, Stiege 1
- Thursday 07.04. 14:30 - 16:00 Elise Richter-Saal Hauptgebäude, 1.Stock, Stiege 1
- Thursday 14.04. 11:30 - 13:00 Elise Richter-Saal Hauptgebäude, 1.Stock, Stiege 1
- Thursday 14.04. 14:30 - 16:00 Elise Richter-Saal Hauptgebäude, 1.Stock, Stiege 1
- Thursday 05.05. 11:30 - 13:00 Elise Richter-Saal Hauptgebäude, 1.Stock, Stiege 1
- Thursday 05.05. 14:30 - 16:00 Elise Richter-Saal Hauptgebäude, 1.Stock, Stiege 1
- Thursday 12.05. 11:30 - 13:00 Elise Richter-Saal Hauptgebäude, 1.Stock, Stiege 1
- Thursday 12.05. 14:30 - 16:00 Elise Richter-Saal Hauptgebäude, 1.Stock, Stiege 1
- Thursday 19.05. 11:30 - 13:00 BIG-Hörsaal Hauptgebäude, Tiefparterre Stiege 1 Hof 1
- Thursday 19.05. 14:30 - 16:00 BIG-Hörsaal Hauptgebäude, Tiefparterre Stiege 1 Hof 1
- Thursday 26.05. 11:30 - 13:00 Elise Richter-Saal Hauptgebäude, 1.Stock, Stiege 1
- Thursday 26.05. 14:30 - 16:00 Elise Richter-Saal Hauptgebäude, 1.Stock, Stiege 1
- Thursday 09.06. 11:30 - 13:00 Elise Richter-Saal Hauptgebäude, 1.Stock, Stiege 1
- Thursday 09.06. 14:30 - 16:00 Elise Richter-Saal Hauptgebäude, 1.Stock, Stiege 1
- Thursday 16.06. 11:30 - 13:00 Elise Richter-Saal Hauptgebäude, 1.Stock, Stiege 1
- Thursday 16.06. 14:30 - 16:00 Elise Richter-Saal Hauptgebäude, 1.Stock, Stiege 1
- Thursday 30.06. 11:30 - 13:00 Elise Richter-Saal Hauptgebäude, 1.Stock, Stiege 1
- Thursday 30.06. 14:30 - 16:00 Elise Richter-Saal Hauptgebäude, 1.Stock, Stiege 1
Information
Aims, contents and method of the course
Introduction to the basic auction formats, revenue equivalence, optimal auctions, auctions with interdependent values, collusion, multiple object auctions, sequential sales, position auctions. Applications to internet and procurement auctions.
Assessment and permitted materials
Students are expected to attend classes, to work out problems and read complementary materials on their own, and to actively participate in class discussions. The final grade will be an average of the grades in a midterm (50%) and a final (50%). Homework assignments can improve the final grade up to 20%. A retake exam will be offered at the beginning of WS2011 for students who do not get a positive grade at the end of the semester.
Minimum requirements and assessment criteria
Students learn the foundations of auction theory and get a glimpse in the practical problems of auction implementation. Although some empirical and experimental work is discussed in applications, the course does not focus on the tools for empirical or experimental analysis.
Examination topics
The analysis is done using game theory, mechanism design, and basic statistics.
Reading list
Vijay Krishna. Auction theory (2nd edition). Academic Press, 2010.
Paul Klemperer. Actions: Theory and Practice. Princeton University Press, 2004.
Paul Klemperer. Actions: Theory and Practice. Princeton University Press, 2004.
Association in the course directory
Last modified: We 15.12.2021 00:16