CMSA/Tsinghua Math-Science Literature Lecture: Three Introductory Lectures on Game Theory for Mathematicians: Auction Theory

04/22/2022 9:30 am - 11:00 am

Eric Maskin (Harvard University) Three Introductory Lectures on Game Theory for Mathematicians

April 22, 2022 | 9:30 – 11:00 am ET

Title: Auction Theory

Abstract: Equivalences among four standard auctions: the high-bid auction (the high bidder wins and pays her bid); the second-bid auction (the high bidder wins and pays the second-highest bid); the Dutch auction (the auctioneer lowers the price successively until some bidder is willing to pay); and the English auction (bidders raise their bids successively until no one wants to bid higher).

Talk chairs: Scott Kominers, Sergiy Verstyuk

SLIDES | VIDEO Answers to Questions from Talks 2 and 3