ТЕОРИЯ И ПРАКТИКА АУКЦИОНОВ

Abstract

During the last half-century auctions, being before the marginal field of economics, known only because of art auctions, have become the best story of success in application of abstract theoretic models of economics to practice. The paper contains non-technical survey of auction types and their features, and also the shortest proof of the Roger Myerson revenue equivalence theorem. Special attention is paid to the most successful auction stories as well as famous fails. The proposed examples are analyzed taking into account the auction design. Also some materials connected with the frontier field of research – network auctions are presented in the paper.