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CMSA/Tsinghua Math-Science Literature Lecture: Three Introductory Lectures on Game Theory for Mathematicians: Auction Theory
April 22, 2022 @ 9:30 am - 11:00 pm
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