Time: | Feb. 6, 2015, 3:35pm-4:35pm. |
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Place: | 106 McAllister Building. |
Speaker: | Vijay Khrishna, Dept. of Economics, Penn State |
Title: | Auction Theory: Problems of Asymmetry |
Abstract: | The game theoretic analysis of auctions is well-developed when all bidders are symmetric, that is, ex ante identical. After a brief survey of auction theory in the symmetric setting, this lecture will (i) report on some recent progress in the analysis of asymmetric auctions; and (ii) point to some open problems. The lecture is intended to be of interest to a general audience. |