Auction Theory
Thursday, November 10th, 2005Auctions have provided a real-world arena in which to apply game theory. The theory has actually been applied to design auctions; most famously, the auctions for 3G wireless spectrum were designed along the principles of the theory.
Paul Klemperer has assembled several articles on the subject into a (fairly non-technical) book, and has provided the original articles online. For a more detailed approach, see this survey.