## Numerical Analysis Seminar

Date, time & place Tuesday 16:30 - 18:00 056Room #056 (Graduate School of Math. Sci. Bldg.)

### 2015/03/20

13:30-15:00   Room #122 (Graduate School of Math. Sci. Bldg.)
In this talk I will discuss the mathematical theory of asymmetric auctions. I will focus on asymmetric first-price auctions, where the mathematical model is given by a nonstandard system of $n$ nonlinear ordinary differential equations, with $2n$ boundary conditions and a free boundary. I will present various analytic and numerical approaches for this system. Then I will present some recent results on asymptotic revenue equivalence of asymmetric auctions.