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Syllabus Auctions: Theory and practice - 57555
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Last update 04-07-2016
HU Credits: 4

Degree/Cycle: 1st degree (Bachelor)

Responsible Department: economics

Semester: 2nd Semester

Teaching Languages: Hebrew

Campus: Mt. Scopus

Course/Module Coordinator: Dr. Assaf Romm

Coordinator Email:

Coordinator Office Hours: Monday 10:15-11:15

Teaching Staff:
Dr. Assaf Romm

Course/Module description:
The course aims to expose students to auction theory, which is probably the most successful application of game theory and economic theory to the real world. Our toolbox allows us not only to analyze different auction methods, but also to develop new auctions and adjust them to the goals of the central planner and to the specific market. During the course we will get familiar with theoretical tools that will allows us to analyze different auctions and market conditions. We will also try to deviate from the theory and discuss also practical aspects of auctions.

Course/Module aims:
Learn about auctions.

Learning outcomes - On successful completion of this module, students should be able to:
- Define simple auctions
- Analyze auctions mathematically
- Make use of important results in auction theory

Attendance requirements(%):

Teaching arrangement and method of instruction: Lecture

Course/Module Content:
See syllabus at:

Required Reading:
See syllabus at:

Additional Reading Material:

Course/Module evaluation:
End of year written/oral examination 80 %
Presentation 0 %
Participation in Tutorials 0 %
Project work 0 %
Assignments 20 %
Reports 0 %
Research project 0 %
Quizzes 0 %
Other 0 %

Additional information:
Students needing academic accommodations based on a disability should contact the Center for Diagnosis and Support of Students with Learning Disabilities, or the Office for Students with Disabilities, as early as possible, to discuss and coordinate accommodations, based on relevant documentation.
For further information, please visit the site of the Dean of Students Office.