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"Remarkable Mechanism Design in Auction" by Dr. Stephen CHING

[ Original article (in Chinese) ]

Additional Research and Video Production - by Johnson KO

[ Video (in English) ]

Further readings:

Milgrom, P. R. (2010). Putting auction theory to work. Cambridge University Press. Varian, H. R. (2020a). Chapter 18: Auctions. In Intermediate microeconomics: A modern approach (pp. 330–349). essay, W.W. Norton & Company. Varian, H. R. (2020b). Chapter 29: Game Theory. In Intermediate microeconomics: A modern approach (pp. 540–555). essay, W.W. Norton & Company.