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

Publication ,  Journal Article
Harstad, RM; Pekeč, AS
Published in: Interfaces
September 1, 2008
Published version (DOI)

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.

Duke Scholars

Aleksandar Pekec
Author Aleksandar Pekec Fuqua School of Business
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Published In

Interfaces

DOI

10.1287/inte.1080.0396

EISSN

1526-551X

ISSN

0092-2102

Publication Date

September 1, 2008

Volume

38

Issue

5

Start / End Page

367 / 380

Related Subject Headings

  • Operations Research
  • 4901 Applied mathematics
  • 3509 Transportation, logistics and supply chains
  • 1503 Business and Management
  • 0806 Information Systems
  • 0102 Applied Mathematics
 

Citation

APA
Chicago
ICMJE
MLA
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Harstad, R. M., & Pekeč, A. S. (2008). Relevance to practice and auction theory: A memorial essay for Michael Rothkopf. Interfaces, 38(5), 367–380. https://doi.org/10.1287/inte.1080.0396
Harstad, R. M., and A. S. Pekeč. “Relevance to practice and auction theory: A memorial essay for Michael Rothkopf.” Interfaces 38, no. 5 (September 1, 2008): 367–80. https://doi.org/10.1287/inte.1080.0396.
Harstad RM, Pekeč AS. Relevance to practice and auction theory: A memorial essay for Michael Rothkopf. Interfaces. 2008 Sep 1;38(5):367–80.
Harstad, R. M., and A. S. Pekeč. “Relevance to practice and auction theory: A memorial essay for Michael Rothkopf.” Interfaces, vol. 38, no. 5, Sept. 2008, pp. 367–80. Scopus, doi:10.1287/inte.1080.0396.
Harstad RM, Pekeč AS. Relevance to practice and auction theory: A memorial essay for Michael Rothkopf. Interfaces. 2008 Sep 1;38(5):367–380.

Published In

Interfaces

DOI

10.1287/inte.1080.0396

EISSN

1526-551X

ISSN

0092-2102

Publication Date

September 1, 2008

Volume

38

Issue

5

Start / End Page

367 / 380

Related Subject Headings

  • Operations Research
  • 4901 Applied mathematics
  • 3509 Transportation, logistics and supply chains
  • 1503 Business and Management
  • 0806 Information Systems
  • 0102 Applied Mathematics