Monthly Archives: November 2011

Stanford game theory course

If you haven’t seen it yet then check out the online game theory course from Stanford University, starting on March 19th. It’s great to see that thousands of people have already signed up, make it your New Year’s resolution to … Continue reading

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Types of auction

There are four main types of auction: An English auction is also known as a open ascending bid auction. This means that the bidding is open to anyone and the auctioneer raises the price until there is only one bidder … Continue reading

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Introduction to auctions: What is an auction?

I intend to get more deeply into auction theory in the coming months. To start off with I will have a quick look at what an auction is. The normal definition of an auction is that it is a way … Continue reading

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