040831 UK Auction Theory and Applications (2012S)
Continuous assessment of course work
Labels
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 Th 09.02.2012 09:00 to Mo 20.02.2012 17:00
- Registration is open from Mo 27.02.2012 09:00 to Tu 27.03.2012 17:00
- Deregistration possible until Tu 27.03.2012 23:59
Details
max. 50 participants
Language: English
Lecturers
Classes (iCal) - next class is marked with N
- Monday 05.03. 09:00 - 10:30 (Seminarraum 1 Hohenstaufengasse 9 1.Stock)
- Monday 05.03. 14:30 - 16:00 (Seminarraum 1 Hohenstaufengasse 9 1.Stock)
- Wednesday 07.03. 11:00 - 13:00 (Seminarraum 1 Hohenstaufengasse 9 1.Stock)
- Wednesday 14.03. 11:00 - 13:00 (Seminarraum 1 Hohenstaufengasse 9 1.Stock)
- Monday 19.03. 09:00 - 10:30 (Seminarraum 1 Hohenstaufengasse 9 1.Stock)
- Monday 19.03. 14:30 - 16:00 (Seminarraum 1 Hohenstaufengasse 9 1.Stock)
- Wednesday 21.03. 11:00 - 13:00 (Seminarraum 1 Hohenstaufengasse 9 1.Stock)
- Monday 26.03. 09:00 - 10:30 (Seminarraum 1 Hohenstaufengasse 9 1.Stock)
- Monday 26.03. 14:30 - 16:00 (Seminarraum 1 Hohenstaufengasse 9 1.Stock)
- Wednesday 28.03. 11:00 - 13:00 (Seminarraum 1 Hohenstaufengasse 9 1.Stock)
- Monday 16.04. 09:00 - 10:30 (Seminarraum 1 Hohenstaufengasse 9 1.Stock)
- Monday 16.04. 14:30 - 16:00 (Seminarraum 1 Hohenstaufengasse 9 1.Stock)
- Wednesday 18.04. 11:00 - 13:00 (Seminarraum 1 Hohenstaufengasse 9 1.Stock)
- Monday 23.04. 09:00 - 10:30 (Seminarraum 1 Hohenstaufengasse 9 1.Stock)
- Monday 23.04. 14:30 - 16:00 (Seminarraum 1 Hohenstaufengasse 9 1.Stock)
- Wednesday 25.04. 11:00 - 13:00 (Seminarraum 1 Hohenstaufengasse 9 1.Stock)
- Monday 30.04. 09:00 - 10:30 (Seminarraum 1 Hohenstaufengasse 9 1.Stock)
- Monday 30.04. 14:30 - 16:00 (Seminarraum 1 Hohenstaufengasse 9 1.Stock)
- Wednesday 02.05. 11:00 - 13:00 (Seminarraum 1 Hohenstaufengasse 9 1.Stock)
- Monday 07.05. 09:00 - 10:30 (Seminarraum 1 Hohenstaufengasse 9 1.Stock)
- Monday 07.05. 14:30 - 16:00 (Seminarraum 1 Hohenstaufengasse 9 1.Stock)
- Wednesday 09.05. 11:00 - 13:00 (Seminarraum 1 Hohenstaufengasse 9 1.Stock)
- Monday 14.05. 09:00 - 10:30 (Seminarraum 1 Hohenstaufengasse 9 1.Stock)
- Monday 14.05. 14:30 - 16:00 (Seminarraum 1 Hohenstaufengasse 9 1.Stock)
- Wednesday 16.05. 11:00 - 13:00 (Seminarraum 1 Hohenstaufengasse 9 1.Stock)
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%.
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: Mo 07.09.2020 15:29