Auction Theory Game Theory Economics

Auction theory is a type of applied game theory that is concerned with allocation of goods if valuation of the buyers for the goods are unknown.

• Survey of Auction Types - Defines in lay-terms the various types of auctions, including English Auctions, Dutch Auctions, and Double Auctions. A brief history of auctions and discussion of collusion is included.
  
• Radiocommunications Agency - Spectrum Auctions - Information about United Kingdom third generation mobile phone spectrum auctions. Auction rules, press notices, and research.
  
• Java Auction Simulator API (JASA) - Auction Simulator API allows researchers to write trading simulations using a number of different auction protocols.
  
• Winner's Curse Applet - Discussion of and applet demonstrating the winner's curse. The applet allows one to try different bidding strategies, and simulates results, calculating expected payoffs.
  
• Robert Wilson's Class Material on Market Design - at Stanford University, Dept. of Economics
  
  

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