Relevance to practice and auction theory: A memorial essay for Michael Rothkopf


Journal Article (Review)

This essay assesses the state of auction theory in a particular dimension: its relevance to practice. Most auction models are more abstract than necessary. They depend on assumptions that are highly unlikely to occur in practical situations, which are often less formal and rigid. Nonetheless, we discuss several significant steps toward offering more practical advice. © 2008 INFORMS.

Full Text

Duke Authors

Cited Authors

  • Harstad, RM; Pekeč, AS

Published Date

  • September 1, 2008

Published In

Volume / Issue

  • 38 / 5

Start / End Page

  • 367 - 380

Electronic International Standard Serial Number (EISSN)

  • 1526-551X

International Standard Serial Number (ISSN)

  • 0092-2102

Digital Object Identifier (DOI)

  • 10.1287/inte.1080.0396

Citation Source

  • Scopus