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Oxford University Press - The Handbook of Market Design

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Description

While traditional economists often view markets as fixed entities to predict behavior, The Handbook of Market Design takes a different approach. This volume explores the field of market design, which actively works to design and implement actual markets. By combining economic and game theory with common sense, empirical work, and experimental analysis, this text provides a framework for building functional market systems. The field has seen dramatic growth due to successful spectrum auctions in the US and Europe designed by prominent economists. This handbook serves as a comprehensive resource for understanding how these theoretical insights are applied to real-world auction design and market implementation.

Key Features

The Handbook of Market Design by Oxford University Press provides a deep look into how economic and game theory combine with empirical work.

This text explores how market design differs from traditional economics by focusing on the design and implementation of actual markets.

Learn about the growing field of market design through its application in successful spectrum auctions in the US and Europe.

The content integrates lessons learned from experimental analysis and common sense to aid in practical market construction.

Product Specifications

Format
paperback
Domain
Amazon UK
Release Date
29 October 2015
Listed Since
27 April 2015

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