Aimed at graduate students and professionals in economics, the book gives the most up-to-date treatments of both traditional theories of 'optimal auctions' and newer theories of multi-unit auctions and package auctions, and shows by example how these theories are used..

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Have you ever wondered about the value of those dusty old heirlooms in your attic? Do you want to learn how to sell them at auction? Or perhaps you'd like to know how to pick up a bargain at auction?.....

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