Optimal bidding in auctions from a game theory perspective

•We review recent advances in auction theory from a game theoretic perspective.•We consider estimation issues and the effect of asymmetry on bidding.•We examine how auctions are embedded in the market.•We investigate bidding when players break the rules.•We expand the perspective by incorporating ir...

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Vydané v:	European journal of operational research Ročník 248; číslo 2; s. 347 - 371
Hlavný autor:	Lorentziadis, Panos L.
Médium:	Journal Article
Jazyk:	English
Vydavateľské údaje:	Amsterdam Elsevier B.V 16.01.2016 Elsevier Sequoia S.A
Predmet:	Asymmetry Auction bidding Auctions Behavioral decision theory Bids Collusion Game theory Irrationality Studies Collusion Irrationality Asymmetry Game theory Auction bidding
ISSN:	0377-2217, 1872-6860
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