The Research Area Comprises:

    • Optimal Bidding Behaviour Under Uncertainty
    • Identification of Optimal Auctions

The research area “Auction Market Design” focuses on the analysis and design of specific auction markets. Examples include the public sale of energy, government bonds and mobile radio frequencies. The aim of the analysis of auction markets is to identify optimal auction formats and to examine the extent to which they can be implemented. In this connection, it is important to take into account the specific market environment and the actual behaviour of bidders. In particular, it is important to understand how bidders behave optimally under uncertainty.



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