Lecture #2 looked at a variety of simple auction types.
Notes are available in two formats:
Since running the auctions took longer than anticipated, we didn't get a chance to discuss the Lucking-Reiley paper from last week:
David Lucking-Reiley, Auctions on the Internet: What's Being Auctioned, and How?, Journal of Industrial Economics, September 2000, vol. 48, no. 3, pp. 227-252.so we'll look at that next time.