"grad-auction-theory"

"grad-auction-theory" is a skill for Claude Code from charlieviettq/awesome-agent-skill. It costs 62 tokens per session (1,152 once invoked), scanned A, a copy of grad-auction-theory, MIT.

An economic framework for understanding how people bid in different auction formats, including ascending, descending, and sealed-bid auctions.

In plain words
What is it for?
Use it to choose an auction format, study bidding strategies, and assess revenue or efficiency for sales, procurement, advertising slots, or spectrum.
Why use it?
It gives sellers and buyers a structured way to compare auction rules and understand when standard revenue expectations may fail, such as when bidders have different information or risk tolerance.

Skill for Claude Code

Written for Claude Code: allowed-tools in frontmatter.

Good fit Use it to choose an auction format, study bidding strategies, and assess revenue or efficiency for sales, procurement, advertising slots, or spectrum.

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Install with agentmods
npx agentmods add skills/charlieviettq/awesome-agent-skill/grad-auction-theory
Install

Getting it into your agent

One page per mod, every tool's command on it. A separate URL per tool would split the same page into five that compete with each other.

Any agent
npx skills add charlieviettq/awesome-agent-skill --skill grad-auction-theory
Clone the repo
git clone --depth 1 https://github.com/charlieviettq/awesome-agent-skill

Made for: Claude Code.

Wrote this? Show the measurements

A badge with what this costs and how it scanned, read live from this page, so it follows the numbers instead of freezing them. Markdown for a README, HTML for a documentation site or a project page.

agentmods badge for "grad-auction-theory"

README.md
[![agentmods](https://agentmods.dev/badge/skills/charlieviettq/awesome-agent-skill/grad-auction-theory/github.svg)](https://agentmods.dev/skills/charlieviettq/awesome-agent-skill/grad-auction-theory)
Your own site
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Or the 80×15 button, for a site that already has a row of RSS and ATOM ones. Only the verdict fits; the numbers stay here.

agentmods 80×15 button for "grad-auction-theory"

Your own site · 80×15
<a href="https://agentmods.dev/skills/charlieviettq/awesome-agent-skill/grad-auction-theory"><img src="https://agentmods.dev/badge/skills/charlieviettq/awesome-agent-skill/grad-auction-theory.svg" alt="Reviewed on agentmods" width="80" height="20"></a>
Per session 62 Skills are progressive disclosure: only the name and description are preloaded; the body loads when the skill is used.
When invoked 1,152 The whole file, excluding the scripts and references it only reads on demand.
Security scan A 0 findings. A grade says what 26 rules found in the file — not that it is safe.
Origin 92% copy Near-identical to another mod in the catalogue.
Token cost

What it costs to keep this loaded

Counted locally with the o200k_base tokenizer, which is exact for GPT models; Claude uses its own tokenizer and its counts differ. Treat this as one consistent yardstick across the catalogue rather than a bill. Prices are per million input tokens.

ModelPer sessionOnce invoked
Fable 5.1 $0.00062 $0.01152
Opus 5 $0.00031 $0.00576
Sonnet 5 $0.00012 $0.00230
Haiku 4.5 $0.00006 $0.00115

Measured 9d ago against content hash 4469aa6d9654, method: parsed. Prices are Anthropic first-party input rates as of 2026-09-13, from the pricing page.

Security

Grade A, and why

"grad-auction-theory" scanned grade A with 0 findings against 26 rules in 11 categories — prompt injection, anti-refusal, data exfiltration, privilege escalation, supply chain, agent snooping, system-prompt leakage, SSRF and excessive agency — measured 9d ago.

A static scan of the body, not an audit. Every finding is printed with the line that produced it so you can judge whether it matters here. A mod is markdown that instructs an agent; that is exactly why what it instructs is worth reading.

Nothing flagged

None of the 26 patterns this scan looks for appear in this file: no shell pipes, no recursive deletes, no credential paths, no hidden text, no instruction-override or anti-refusal phrasing, no agent-config snooping. That is not a guarantee, it is the absence of the things that are checkable.

Origin

This is a copy

92% identical to grad-auction-theory — 8 lines differ, which has more behind it and is treated as the original. This page carries a canonical link to it rather than competing with it.

.claude/skills/grad-auction-theory/SKILL.md · 100 lines

How it starts

The opening of the file, as written. The whole thing — 100 lines — stays where its author put it; the contents beside it link to each section on GitHub.

Auction Theory: Four Canonical Formats and Revenue Equivalence

Overview

Auction theory analyzes strategic bidding behavior across different selling mechanisms. The four canonical formats — English (ascending), Dutch (descending), first-price sealed-bid, and second-price sealed-bid (Vickrey) — generate identical expected revenue under standard assumptions. The Revenue Equivalence Theorem (RET) is the central benchmark; deviations from its assumptions drive all practical auction design decisions.

When to Use

  • Choosing among auction formats for selling goods, spectrum, procurement, or ad slots
  • Analyzing bidder strategy (bid shading, sniping, jump bidding) under a specific format
  • Evaluating whether a proposed auction achieves optimal revenue or efficiency

When NOT to Use

  • Posted-price or negotiated sales where no competitive bidding occurs
  • Multi-unit auctions with complex complementarities (use combinatorial auction frameworks)
  • The seller has no commitment power to enforce auction rules

Assumptions

IRON LAW: Revenue equivalence holds ONLY with risk-neutral bidders,
independent private values (IPV), and symmetric bidders — violate ANY
assumption and auction format matters.
  • Single indivisible object for sale
  • Bidders are risk-neutral expected-utility maximizers
  • Values are independently and identically distributed (IPV)
  • Bidders are symmetric (same distribution of values)
  • Payment is a function of bids only (no externalities)

Methodology

Step 1 — Identify the Value Model Classify the setting: independent private values (IPV), common values, or affiliated values. IPV means each bidder knows their own value with certainty; common values mean the object has one true value unknown to all; affiliated values generalize both.

Step 2 — Derive Equilibrium Bidding Strategies For each auction format, solve for the Bayesian Nash equilibrium. In second-price / English auctions under IPV, bidding true value is dominant. In first-price / Dutch auctions, bidders shade below true value: b(v) = E[Y1 | Y1 < v] where Y1 is the highest competing value.

Read the full file on GitHub · 100 lines

Files

What ships with it

1 file beside SKILL.md in the same directory: the scripts, references and assets a skill reads on demand. Not counted in the per-session cost; read them before you install if any of them is executable.

Changes

What this file has done since we first saw it

Hashed on every crawl. A supply-chain change to an agent config is a question of when, not whether, so the history is kept rather than the latest state alone.

  1. 9d ago First seen · 100 lines · 62 tokens per session scan A 4469aa6d9654

Subscribe to this mod's changes

"grad-auction-theory" is a skill published in the GitHub repository charlieviettq/awesome-agent-skill (26 stars, last pushed 1mo ago), licensed MIT. It adds 62 tokens to every session and 1,152 once invoked, about $0.0003 per session on Opus 5. A static security scan graded it A with 0 findings. It is 92% identical to grad-auction-theory, differing in 8 lines, and is treated as a copy.

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