Intellectual Development Statement

نویسنده

  • David McAdams
چکیده

Executive summary. My research explores, challenges, and extends our understanding of auctions and other strategic interactions between buyers and sellers. Auctions have been studied intensively for decades, but my work has pushed the envelope in several new and interesting ways, notably: (i) to lay the foundation for theoretical and empirical studies of “multi-unit auctions” (funded by 2003-2006 NSF grant), (ii) to endogenize the rules of the auction (“credible sales mechanisms”), (iii) to endogenize what bidders believe about each other’s private information (“secrecy in auctions” and “strategic ignorance”), and (iv) to endogenize what the seller knows about bidders’ private information (“disclosure in auctions”). In another vein, funded by 2008-2011 NSF grant, I have developed the theory of stochastic games with re-matching (“dynamic partnerships”). This research sheds light on how partnerships form, thrive, struggle, and fail in changing environments, with implications for labor markets and strategic learning in relationships, among other things.

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تاریخ انتشار 2012