Price formation in auction theory : a review of theoretical findings and a model for future research

• المؤلفون الرئيسيون: Xin, Yu, Wu, Tianqi, Wu, Zhaodong
• مؤلفون آخرون: Yao Shuntian
• التنسيق: Final Year Project
• اللغة: English
• منشور في: 2012
• الموضوعات: DRNTU::Science::Mathematics::Applied mathematics::Simulation and modeling; DRNTU::Social sciences::Economic theory
• الوصول للمادة أونلاين: http://hdl.handle.net/10356/48870

This paper studies the price formation in both perfect and imperfect competitive market. Some interesting ideas, which were raised in previous journals, are revisited. The relationship between the traditional economic theories and auctions is fully covered as well. In this area of study, the third-d...