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---
id:
aliases: []
tags: []
title: Game Theory
tags:
- authorship/original
- destiny/permanent
- status/incomplete
- topic/math
- type/encyclopedia
---
# Game Theory
## Domains
### Auction Theory
[[auction-theory|Auction theory]] is a subset of game theory
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#### Reverse Auction
In a reverse auction,
bidders compete for the right to _sell_ a product or service.
#### Sealed-Bid Auction
Opposite of a conventional "open" auction,
in a sealed-bid auction,
bid prices are hidden from the bidders.
[[uncertainty#Information]]
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* [[auction-theory]]
## Terminology