An elementary introduction to auctions

Michael H. Rothkopf, Sunju Park

Research output: Contribution to journalArticlepeer-review

20 Citations (Scopus)


An auction designer faces many questions. Among the questions are what precisely is to be sold, who may bid, will there be multiple rounds of bidding, what kinds of payments will be made and which are biddable, how will the bids be compared, how will it be decided if a transaction occurs, how will the price be set, how will sales of multiple items be handled, and what information will be revealed and when. Different academic disciplines have contributed to answering these questions. In addition to OR/MS, these include engineering, economics, sociology, and computer science.

Original languageEnglish
Pages (from-to)83-97
Number of pages15
Issue number6
Publication statusPublished - 2001

All Science Journal Classification (ASJC) codes

  • Strategy and Management
  • Management Science and Operations Research
  • Management of Technology and Innovation


Dive into the research topics of 'An elementary introduction to auctions'. Together they form a unique fingerprint.

Cite this