Lecture 22: Auctions, Part 1 // TRAIN BRAIN

Lecture 22: Auctions, Part 1

MIT 14.271 Industrial Organization I, Fall 2022
Instructor: Glenn Ellison
View the complete course: https://ocw.mit.edu/courses/14-271-industrial-organization-i-fall-2022
YouTube Playlist: https://www.youtube.com/playlist?list=PLUl4u3cNGP62xkEY0YzLJSoquVBjPOl9S
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.
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