The attention stems from the recent awarding of the Nobel in economics to two pioneers of auction theory research, Paul Milgrom and Robert Wilson, both at Stanford University. (Milgrom is a former ...

Maximillian Diez is the CEO of Twenty Five Ventures - a leader in startup consultancy, helping proptech companies grow their businesses. In September of this year, surprising many in the real estate ...

Financial markets are an endless two-way auction, where the price is discovered through the negotiation of buyers and sellers. The stock and futures markets, like any market, exist to facilitate trade ...

“We started thinking about this from a purely theoretical perspective – ‘What would happen if bidders are worried that the auctioneer might cheat?’ To see it play out in reality was almost surreal,” ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. If you and I were to bid against each other in a charity auction for, say, dinner with Princess Marie of ...

The switch to first-price auctions last year is causing programmatic buyers to pay more, according to research from media agency Hearts & Science. In one test, a first-price auction drove CPMs up by ...

If someone had a regular $20 note, how much would you swap them for it? It sounds like an obvious question, but try explaining why you wouldn't give them more than $20. When you think about it, it ...