The Simple Economics of Optimal Auctions
证明卖方设计最优拍卖的问题与垄断者进行三级价格歧视的问题几乎相同,并用标准微观理论重新解释机制设计中的关键结果,对研究拍卖和机制设计的学者有参考价值。
The authors show that the seller's problem in devising an optimal auction is virtually identical to the monopolist's problem in third-degree price discrimination. More generally, many of the important results and elegant techniques developed in the field of mechanism design can be reinterpreted in the language of standard microtheory. They illustrate this by considering the problem of bilateral exchange with privately-known values. Copyright 1989 by University of Chicago Press.