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The book elaborates the basic principles of Auction Theory. Auctions have gained popularity over other allocation mechanisms since the rules of auctions are precise, involve less subjective judgments and lead to a more efficient process of discovering the true willingness to pay of the buyers.

Juli 2019, ca. 94 Seiten, Routledge Focus on Management and Society, Englisch
Taylor and Francis
978-1-138-57593-6

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