Lecture 22: Auctions, Part 1

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MIT 14.271 Industrial Organization I, Fall 2022
Instructor: Glenn Ellison

Glenn Ellison talks about auctions, which are sales in which buyers compete for an asset by placing bids. Real-world examples include government procurement, art and used-car auctions, and online advertising.

License: Creative Commons BY-NC-SA

  1. MIT OpenCourseWare
  2. auction
  3. bidding
  4. government
  5. online advertising
  6. procurement
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